RobCo Robotics, a Munich-based automation company, has successfully raised $42.5 million in a Series B funding round led by Lightspeed Venture Partners and Sequoia. The company specializes in low-cost and modular robots for smaller factories, aiming to become Europe's leader in autonomous and intelligent robotics.
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Automation company @Robco_Robotics has bagged $42.5m in a funding round led by global venture capital firm, @lightspeedvp. https://t.co/tF7IZPv5Ge
Munich-based RobCo, which makes low-cost and modular robots that suit smaller factories, raised a $42.5M Series B led by Lightspeed Venture Partners (@amyfeldman / Forbes) https://t.co/TYVvYRO4KE 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/FJc42TstaS
Congratulations to our portfolio company @Robco_Robotics for raising $42.5m from @lightspeedvp & @sequoia. RobCo is on track to become Europe's autonomous and intelligent robotics leader. https://t.co/nyKBbwUDDe https://t.co/BS4jQfkh9n