China Dominates Global Robotics Industry, Bessemer Venture Partners Report Reveals

We’re not investing nearly enough in robotics, according to a report by Bessemer Venture Partners. The report highlights that in the past year, 90% of all humanoid robots manufactured and shipped worldwide were from China. This dominance in the robotics sector is a cause for concern, especially given the potential implications in modern warfare as robotics fundamentally changes the landscape. The report emphasizes the need for increased investment and innovation to keep pace with China’s advancements. The Bessemer report points to a significant disparity in funding between the software and robotics industries. While 745 software companies have collectively raised over…