Chinese Robotics Funding Falls to $1.6 Billion

Funding for Chinese robotics companies fell to about $1.6 billion, according to data reported on Wednesday, 4 November, reviving talk of a shakeout. The comparison period and methodology were not disclosed, so the decline is stated as reported. The structural point stands regardless of the exact figure: teams that raised on a demonstration video now have to answer a question about cost per unit of work at a customer site.