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16.01
2024

Distalmotion in Europe’s 10 fastest-growing robotics startup teams

Sifted diged into Dealroom data to find out which robotics team have scaled the most across a positive 2023 for the sector amongst them one Biopôle based company: Distalmotion.

By 2023 standards, European robotics startups are having a good year.

The sector has picked up $2bn in 2023 so far, according to Dealroom, falling only slightly from the $2.6bn and $2.4bn raised during the boom years of 2021 and 2022. Across European tech as a whole, funding has dropped more than 40% this year.

The sector has seen a handful of nine-figure raises in 2023, with Birmingham-based autonomous vehicle (AV) company Conigital picking up the biggest of the year, bagging a $400m Series A in September.

Compatriot CMR Surgical raised $165m and Switzerland’s Distalmotion brought in $150m — with both looking to expand their surgery robotics businesses. UK-based AV scaleup Oxbotica also raised a $140m Series C.

So which robotics startups have seen the biggest headcount growth across a positive 2023 for the sector? Sifted digs into data from Dealroom to find out. Startups needed to have raised $50m or more and have over 10 employees to make the list.

 

Find the list on Sifted.eu

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