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High Tech Series B Founded 2013

RobCo

RobCo is an industrial robotics company that develops modular, AI-powered robot solutions for automating manufacturing tasks through a software-defined, Robot-as-a-Service business model. The company offers end-to-end robotics solutions combining modular hardware with cloud-based AI software platforms, enabling no-code programming, fleet management, remote updates, predictive maintenance, and easy integration.…

📍 Munich, Germany · Industrial Robotics,

Funding snapshot

Last roundSeries B
Amount$43M
Date26 February 2024
Total raised$60M
Team size209

About

RobCo is an industrial robotics company that develops modular, AI-powered robot solutions for automating manufacturing tasks through a software-defined, Robot-as-a-Service business model. The company offers end-to-end robotics solutions combining modular hardware with cloud-based AI software platforms, enabling no-code programming, fleet management, remote updates, predictive maintenance, and easy integration. RobCo's hardware features modular robots with up to 8 axes, 40 kg payload capacity, 2 m/s maximum speed, 2.5 m reach, 0.1 mm repeatability, and IP54 protection class. The software stack includes RobFlow for creating and optimizing robot workflows without coding, RobCo Studio for configuration and management, and RobVision for visual guidance. The platform emphasizes a simulation-first approach, allowing setups to be virtually tested and validated before deployment, with implementation in weeks rather than months. RobCo operates on a zero upfront investment RaaS model, converting automation from capital expenditure to a calculable operating expense with immediate ROI. Applications include machine tending and loading, palletizing, material handling, and refining across industries such as manufacturing, food and beverage, logistics, automotive, wood, and defense manufacturing. Hundreds of RobCo robots are deployed across Europe and the United States. Founded in 2013 and headquartered in Munich, Germany, with offices in San Francisco, RobCo has raised $60.0M in Series B funding from investors including Lightspeed Venture Partners, Sequoia Capital, Kindred Capital, Promus Ventures, HW Capital, and Headline.

Business model

Manufacturing Tech > Robotics,

Industrial Robotics > Modular Production Systems

Founders & team highlights

Serial Founder

Team background

College Wise > Technical University of Munich

Institutional investors

Lightspeed Venture Partners Sequoia Capital Kindred Capital Promus Ventures HW Capital Headline Torsten Reil Christian Reber Daniel Dines

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