Urgent.News

What's breaking now, across thousands of outlets.

Business

Start-ups: Robotik-Spezialist Robco ist Deutschlands nächstes Einhorn

Das Start-up wird nun mit mehr als einer Milliarde Dollar bewertet. Firmenchef Roman Hölzl geht davon aus, dass sich der Umsatz in diesem Jahr verdreifacht – erneut.

Start-ups: Robotik-Spezialist Robco ist Deutschlands nächstes Einhorn

Robco, a Munich-based industrial robotics specialist, has been valued at over $1 billion by investors, making it Germany's third "unicorn" in the robotics sector. The company developed a modular system that allows robots to be installed in one to two days and perform tasks such as palletizing and pick-and-place operations. Robco's technology relies on proprietary software that can be docked with custom hardware modules, and a digital twin for remote configuration and programming.

International investors, including Sequoia and Lightspeed, have backed the company, with local investors like Cherry Ventures and the European Tech Collective also participating in the latest funding round. Robco's CEO, Roman Hölzl, emphasized that while capital is not the only key to success, it has helped the company achieve significant milestones and attract several hundred clients.

In 2021, the company's revenue tripled, and Hölzl aims to maintain this growth in the coming year. Robco is set to launch its autonomous industrial robot, "Alfie," in March, which it showcased at the Hannover Messe.

Brief written by urgent.news from Handelsblatt's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

Read the original at handelsblatt.com →

More in Business

More from Monday 5 October →