Meeting Needs of Startup Robotic Companies

Investors are showing their belief that the future of robotics is now as private robotics companies received a record $587 million in funding in 2015, according to CB Insights.

Investment categories include automation for manufacturing, agriculture, surgical applications, and personal/social robots.

Money to back a project is essential but it's not the only condition for success. Startups will benefit from being part of a technology eco-system like the Association for Advancing Automation (A3). Members of A3's partner organizations have access to on-going trainings, integrators who adhere to the highest industry standards, and opportunities to collaborate with those they trust.

Just like a robot is built through a cross-functional team, robotics companies also don't function alone. A range of input is needed to create the automation, test the markets, and refine the final result.

Launching a robotics startup is painstaking work but small-batch manufacturing, rapid prototyping, crowdfunding, and angel investors are making the process easier.

A startup needs to know its ecosystem like system integrators that manufacturing and logistics companies use. They know how current technology comes up short and they're often looking for companies that they can use to showcase to their clients.

For a closer look at startups and examples of what a few companies are doing, read the complete article Benefits of a Technology Ecosystem for Startups on A3automate.org.