ForwardX Robotics Funding, Investors & Competitors

Ubtech Robotics Corp Ltd is engaged in design, production, commercialization, sales and marketing and research and development (R&D) of smart service robotic products and services. It offers consumer-level robots and appliances, enterprise-level smart service robotic products and services tailored for education, logistics and other sectors, are equipped to different extent with smart features that sense, interact, analyze and process human instructions and external environment such as mapping, temperature measurement and facial recognition.

Apptronik is an Austin-based developer of humanoid robots including the Apollo model for logistics, manufacturing, and service applications. The company builds general-purpose robots capable of handling repetitive tasks in warehouses and hazardous environments to boost human productivity. Apptronik collaborates with NASA and delivers systems through its manufacturing services division, focusing on bipedal mobility, dexterity, and AI-driven autonomy.

Sharpa is an AI robotics company developing automated robotics for commercial food service, including a fully automated robot restaurant built in partnership with CFB Group's Dairy Queen franchise in China. Founded in 2024 by the three co-founders of Hesai Technology, CEO David Li, CTO Xiang Shaoqing, and chief scientist Sun Kai, the company is using its early capital to commercialize automated restaurant operations and expand into broader robotics applications.

Sineva is a Shenzhen-based robotics manufacturer producing transfer robots, test handlers, and intelligent factory automation systems. The company supplies equipment for semiconductor assembly, electronics testing, and service robotics applications in Asia.

Square Robot is a developer of autonomous underwater vehicles designed for inspecting ship hulls, oil storage tanks, and submerged infrastructure in the oil and gas sector. The Boston-headquartered company, founded in 2016, deploys compact robotic systems that navigate confined spaces to detect corrosion and structural issues without human divers. Square Robot's technology integrates advanced sensors and AI for real-time data analysis, serving petrochemical clients worldwide to enhance safety and reduce operational downtime.

Symbotic Inc. is an automation technology company that develops solutions to improve operating efficiencies in modern warehouses. The group designs, commercializes, and deploys end-to-end technology systems that significantly enhance supply chain operations. The company automates the processing of pallets, cases, and individual items within warehouse environments. Its systems strengthen operations at the front end of the supply chain and provide benefits to all supply partners downstream. The company operates in two geographical regions: the United States and international markets, with the majority of its revenue generated in the United States.

Figure is a robotics company developing general-purpose humanoid robots for industrial applications in manufacturing, logistics, warehousing, and retail. Sunnyvale-based and founded in 2022, it deploys the Figure 01 model equipped with AI-driven vision, manipulation, and mobility capabilities powered by OpenAI's large language models for natural interaction and task learning. The robots handle repetitive and hazardous tasks autonomously, integrating with existing warehouse management systems from partners like BMW for automotive production lines. Figure operates pilot programs in BMW's South Carolina facility to validate scalability across labor-intensive sectors.

Yushu Technology Co Ltd is engaged in the research, development, production and sales of high-performance general-purpose humanoid robots, quadruped robots, robot components and embodied intelligent models.

Skild AI is a San Francisco-headquartered startup building foundation models for robotics that enable spatial intelligence and adaptive manipulation in unstructured environments. The company trains multimodal AI on real-world data from humanoid robots to handle tasks like grasping and navigation without task-specific programming. Skild AI raised funding from investors including Benchmark and focuses on warehouse automation and manufacturing applications.

Cognex Corp provides machine vision products that help automate manufacturing processes. The firm's products include vision software, vision systems, vision sensors, and ID products. Vision software combines vision tools with a customer's cameras and peripheral equipment and can help with several vision tasks, including part location, identification, measurement, and robotic guidance. Vision systems combine a camera, processor, and vision software into a single package. Vision sensors deliver simple, low-cost solutions for common vision applications, such as checking the size of parts. Geographically, it operates in United states, Europe, Greater China and others. Cognex generates the maximum proportion of its sales in the United States and Europe.

NEURA Robotics is a developer of cognitive robots for industrial automation and service applications. Its systems feature 3D vision, tactile sensing, and AI for human-robot collaboration in assembly, logistics, and eldercare. Munich-headquartered and spun out from Fortiss in 2022, NEURA deploys humanoid arms in food production and medical labs across Germany and the US.

Physical Intelligence is a robotics firm developing foundation models and algorithms for general-purpose AI in physical tasks. Its technology enables robots to handle diverse applications across industries through simulation-to-reality transfer and dexterous manipulation.

ICON is an Austin-based construction technology company pioneering 3D-printed homes using its Vulcan printer and Lavacrete material. The firm builds single-family residences, community projects, and off-world habitats, including NASA's Mars Dune Alpha analog. Deployments span Texas suburbs and Mexico, with homes printed in under 24 hours at costs below traditional methods, partnering with Lennar and the U.S. Air Force.

Mind Robotics is a Tel Aviv-headquartered venture specializing in industrial artificial intelligence and robotics solutions. The company develops AI-driven robotic systems for manufacturing automation, including vision-guided assembly and quality inspection tools. Launched in 2020, it serves sectors like electronics and automotive with deployments in Israel and Europe.

Roark Aerospace is a Washington-headquartered developer of autonomous defense systems. Products include drone detection radars, counter-UAS effectors, unmanned ground vehicles, and hyperspectral sensors. The firm deploys drone-for-robot swarms and edge-based C2 platforms for real-time warfare. Roark Aerospace serves US military and allies with persistent surveillance solutions.

Avathon is a Pittsburgh-based AI provider of cyber-physical software for industrial IT, OT, and IoT security. Its DeepArmor platform uses machine learning on real-time sensor data for malware detection and risk prediction in defense, manufacturing, and finance sectors. Award-winning since 2018, the technology prevents breaches for clients including energy utilities and financial institutions.

Humanoid is a robotics developer creating modular platforms for industrial and commercial use. The company pairs its wheeled and bipedal systems with an AI framework for fleet management and autonomous operation in manufacturing, logistics and retail settings.

Tesla is a vertically integrated battery electric vehicle automaker and developer of real world artificial intelligence software, which includes autonomous driving and humanoid robots. The company has multiple vehicles in its fleet, which include luxury and midsize sedans, crossover SUVs, a light truck, and a semi truck. Tesla also plans to begin selling a sports car and offer a robotaxi service. Global deliveries in 2025 were nearly 1.64 million vehicles. The company sells batteries for stationary storage for residential and commercial properties including utilities and solar panels and solar roofs for energy generation. Tesla also owns a fast-charging network and an auto insurance business.