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Robotics is next.
Both deal count and investment amounts are skyrocketing per pitchbook March data (source: a16z)
Good thing is: the same AI DC exposure often has cross-exposure to humanoid ramp.
Like DRAM/NAND with memory (on humanoid inference/storage) or DFB lasers with photonics (FMCW LiDAR vision/sensing).
Right now most exposure is upstream component parts… or programs within large players like $AMZN or $TSLA.
So global IPO season H2 into 2027 for pure play humanoids/robotics companies is going to be fun.