ZhilianhaiReading Embodied AI Funding Trends
Break the trend into layers
| Layer | What to measure |
|---|---|
| Volume | Year on year change in the number of deals |
| Stage mix | The balance of early and growth rounds |
| Concentration | How much goes to the leading companies |
| Destination | Whether money flows to hardware, models or components |
Common misreadings
- Announced amounts and funds actually received often differ.
- Strategic and financial investors have different objectives and should not be pooled.
- A large round does not prove technical maturity; delivery and volume production are the real tests.
Use company filings and investor announcements that can be checked rather than summaries of summaries.