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Munich-based RobCo, which makes robotic arms and automation software, sells $40M of shares at a $1B valuation, up from ~$500M after raising $100M in January (Ben Dummett/Wall Street Journal)

German company aims to capitalize on growing demand for autonomous industrial robots — German robotics startup RobCo has sold shares …

We haven't written up this one. Techmeme has the full story — the link below goes straight to it.

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