Feb 27, 05:54 AM

Munich-based RobCo Robotics Raises $42.5M for Modular Robots in Smaller Factories

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.

#RobCo Robotics #Lightspeed Venture Partners #Sequoia #Europe

Written with ChatGPT (GPT-3).