Tech Company Financing Transactions

Robco Funding Round

On 12/12/2022, Robco secured $13.8 million in Series A funding from Sequoia Capital, private investors and Kindred Capital.

Transaction Overview

Company Name
Announced On
12/12/2022
Transaction Type
Venture Equity
Amount
$13,800,000
Round
Series A
Investors

Sequoia Capital (Lead Investor)

private investors (Christian Reber)

private investors (Daniel Dines)

private investors (Torsten Reil)

Kindred Capital

Promus Ventures

Proceeds Purpose
The plan will be to invest the funds both in expanding the capabilities of the existing modules and to continue adding on more clients to its modular-based "robotics as a service" model.

Company Information

Company Status
Private & Independent
Industry
Robotics
Mailing Address
Marcel Breuer Street 15
Munich, 80807
DE
Phone
Undisclosed
Email Address
Overview
Robco was founded in 2020, on a basis of many years of research at the industry-leading Chair for Robotics and AI at the Technical University of Munich. Our vision is to radically rethink how products are made -- by diminishing repetitive tasks, increasing quality and scaling manufacturing output to the billions. Robco provides adaptable, affordable and connected full-stack robot automation solutions for repetitive manual worker tasks in industrial SMBs, based on our patented modular robotics platform.
Profile
Robco LinkedIn Company Profile
Social Media
Robco Company Twitter Account
Company News
Robco News
Facebook
Robco on Facebook
YouTube
Robco on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Roman Hölzl
  Roman Hölzl LinkedIn Profile  Roman Hölzl Twitter Account  Roman Hölzl News  Roman Hölzl on Facebook
Co-Founder
Constantin Dresel
  Constantin Dresel LinkedIn Profile  Constantin Dresel Twitter Account  Constantin Dresel News  Constantin Dresel on Facebook
Co-Founder
Paul Maroldt
  Paul Maroldt LinkedIn Profile  Paul Maroldt Twitter Account  Paul Maroldt News  Paul Maroldt on Facebook


 

 

Browse more venture capital transactions:

Prev: 12/12/2022: MessageGears venture capital transaction
Next: 12/12/2022: Cinder venture capital transaction

 

Share this article

 


Where The Data Comes From

We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary