Venture funding for robotics has exploded by more than 10x over the last six years and shows no signs of stopping. Most of this investment has been focused on the usual suspects: logistics, warehouse automation, robot arms for manufacturing, healthcare and surgical robots, drones, agriculture, and autonomous cars.
But after looking into the robotics industry as I set out to launch my own robot company, Cobalt, founded last year, I became convinced that there is a new emerging segment about to become one of the fastest-growing in coming years: Autonomous indoor robots for commercial spaces.
For many years, “autonomous indoor robots” meant one of two domains: 1. Manufacturing or material handling robots in factories and warehouses; or 2. Simple home robots. These sit on opposite ends of the “structured spaces” spectrum.