✉news BusinessStartups first seen 13 h ago, last 2 min ago, peak #8
Robotics startup RobCo reaches 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 new funding round that values the company at more than $1 billion, giving it unicorn status. The company builds modular robots aimed at automating tasks for small and mid-sized manufacturers. The deal adds to growing investor interest in robotics and industrial automation startups.
Why now: The fresh funding and new unicorn valuation make it one of the latest European robotics startups to attract major investment.
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Evidence
- Robotics startup RobCo valued at $1B+ in $40M funding round · SiliconANGLE
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