Funding & Business

Humanoids and industrial cybersecurity are driving a surge in advanced manufacturing funding

Published

1 year ago

April 25, 2024

The Editors

We break down the advanced manufacturing tech landscape across funding, deals, geography, and more.

Advanced manufacturing funding soared in Q1’24, rebounding 47% QoQ to reach $2.2B.

Driving the upswing: Humanoid robot funding has reached a record annual level just 4 months into the year, while investment in the operational technology (OT) security tools that can help protect them has already outpaced the previous 2 years combined.

Despite the gains, sector-wide deal count fell to its lowest quarterly level since 2016. This mirrors the broader pullback in venture dealmaking globally.

Using CB Insights data, we assess the landscape for advanced manufacturing technologies, including:

Equity funding and deal trends
Top equity deals in Q1’24
Unicorn birth rate over time
Regional funding leaders
Median deal sizes across the globe

Let’s dive in.

Advanced manufacturing funding increased 47% quarter-over-quarter (QoQ) to $2.2B in Q1’24.

However, manufacturing tech firms are now competing for a shrinking pool of deals. In Q1’24, deal volume in the sector dropped to 109, the lowest quarterly level since Q4’16.

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Funding & Business

Leavitt Says More Trade Letters Coming for 12 Countries

Published

26 minutes ago

July 7, 2025

The Editors

White House Press Secretary Karoline Leavitt says President Donald Trump will be signing an executive order delaying tariffs to August 1 during a news conference in Washington. President Donald Trump announced that he will impose 25% tariffs on goods from Japan and South Korea.

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Funding & Business

CoreWeave to Buy Core Scientific for $9 Billion

Published

57 minutes ago

July 7, 2025

The Editors

CoreWeave is buying Core Scientific for $9 billion in an all-stock deal. It’s expected to close in the fourth quarter. In buying Core Scientific in an all-stock deal, CoreWeave will inherit more than a gigawatt of data-center capacity across the US — much of which is already contracted out to serve its clients in training, deploying and using AI models. Liana Baker reports. (Source: Bloomberg)

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Funding & Business

US Warns of Blackout Risk From Killing Coal as Trump Snubs Renewables

Published

1 hour ago

July 7, 2025

Ari Natter

Blackouts in the US could double by 2030 amid an expected increase in power demand brought on by AI, according to a Trump administration report that blames the expected energy shortfall on the closures of coal and natural gas power plants and overreliance on renewable energy.

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