Munich-based RobCo, a provider of affordable and connected robotics automation solutions for
small and medium-sized enterprises (SMEs), has secured $42.5M (approximately €39.17M) in a
Series B round of funding.
With this round, RobCo’s total investment surpasses $60M (approximately €55.29M).
as skilled labour shortages, production scalability, and the transition to Industry 4.0.
The investment came from global VC firm Lightspeed Venture Partners along with existing investor
Sequoia Capital. Kindred Capital and Promus Ventures also participated in this round.
RobCo will use the funds to expand its distribution channels and advance product development,
supporting its overall development and growth strategy.
Don't miss out on the excitement! Reserve your spot at one of our upcoming events:
SCALE UP WITH WOLVES AND EUROPEAN CVC AWARDS
26 March 2024, Spielfeld Digital Hub, Germany + online
WOLVES SUMMIT CEE
8-9 May 2024, Copernicus Science Centre, Warsaw, Poland + online