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✉news BusinessStartups first seen 4 h ago, last 31 min ago, peak #8

Robotics startup RobCo hits unicorn status with $40M raise

Original: Robotics startup RobCo valued at $1B+ in $40M funding round

Munich-based robotics startup RobCo has raised $40 million in a funding round that values the company at more than $1 billion, giving it unicorn status. RobCo develops modular industrial robots aimed at automating manufacturing tasks for small and mid-sized companies. The funding is expected to support expansion of its product line and international growth.

Why now: The new funding round and unicorn valuation mark a significant milestone for the young robotics company.

RobCo

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