PitchBook

“Startups in the robotics industry grabbed a record $16.3 billion in VC funding in Q1 as physical AI moves toward deployment.”

“"For two decades, its edge was building rather than buying. A rich, liquid stock lets the public company flip that instinct and buy capabilities instead." — Franco Granda, PitchBook Senior Analyst”

“"For some of these deals, lenders just say, 'Don't even think about it. We have too much software exposure. We are not going to fund another software buyout.'" Roughly $17 billion worth of US software buyouts were closed or announced in the first five months of this year, 'about half of last year's pace.'”