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Auto Tech Series B Founded 2013

Embotech

Embotech delivers safety-certified Level 4 autonomous driving solutions for industrial logistics, combining advanced autonomy with a safety-certified architecture for reliable 24/7 operations in factories, yards, and ports. The company is the first worldwide with two TUV SUD-certified solutions. Embotech's Physical AI platform uses a dual-path architecture: AI-based prediction, motion planning, and learning-based…

📍 Zurich, Switzerland · Autonomous Vehicles

Funding snapshot

Last roundSeries B
Amount$27M
Date12 December 2024
Total raised$41M
Team size107

About

Embotech delivers safety-certified Level 4 autonomous driving solutions for industrial logistics, combining advanced autonomy with a safety-certified architecture for reliable 24/7 operations in factories, yards, and ports. The company is the first worldwide with two TUV SUD-certified solutions. Embotech's Physical AI platform uses a dual-path architecture: AI-based prediction, motion planning, and learning-based methods help vehicles make intelligent decisions in complex environments, while a deterministic safety layer certified by TUV SUD provides the foundation for safe and reliable operation, achieving certified safety with over 99.5% availability in 24/7 production. The company offers two core solutions: Automated Vehicle Marshalling (AVM), the first infrastructure-based vehicle marshalling solution operating in serial production, supporting the full range of vehicle movement tasks in automotive factories and vehicle logistics centers; and Autonomous Tractor Solution (ATS), delivering human-like driving precision with the flexibility required for complex port and yard logistics, designed for seamless operation in mixed traffic environments and proven in all weather conditions. Embotech's technology combines perception, prediction, trajectory planning, and fleet orchestration, tailored for mixed traffic, high-precision use cases, and real-time obstacle detection. The company differentiates itself through its safety-certified architecture (the first company worldwide with two TUV SUD-certified autonomous driving solutions), its dual-path approach combining AI intelligence with deterministic safety, its focus on industrial logistics rather than passenger vehicles, and its proven serial production deployments. Founded in 2013 as an ETH Zurich spin-off and headquartered in Zurich, Switzerland, Embotech has raised approximately $41.3 million in a Series B round backed by Frost & Sullivan, ZF, FuturePlay, Bystronic, Zurcher Kantonalbank, Conzzeta, EIC Fund, Emerald Technology Ventures, Yttrium, BMW i Ventures, Nabtesco Technology Ventures, Sustainable Forward Capital Fund, RKKVC, Europa, VentureOut, and ESA Business Incubation Centre Switzerland.

Business model

Autonomous Vehicles > Self Driving Technology > Off Highway Vehicles > Technology Providers > Yard Trucks

Institutional investors

Frost & Sullivan ZF FuturePlay Bystronic Zurcher Kantonalbank Conzzeta EIC Fund Emerald Technology Ventures Yttrium BMW i Ventures Nabtesco Technology Ventures Sustainable Forward Capital Fund RKKVC Europa VentureOut

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