Robco Raises $13.8M in Series A Funding
- Robco, a Munich, Germany-based company that builds modular robots to automate processes, raised $13.8M in in Series A funding
- The round was led by Sequoia, with participation from Kindred Capital, Promus Ventures, Torsten Reil, Christian Reber and Daniel Dines
- The company intends to use the funds to expand the module capabilities, adding more clients and expanding its geographical reach into the U.S. market
- The company provides adaptable and connected full-stack robot automation solutions for repetitive manualworker tasks in industrial SMBs based on a patented modular hardware kit and a studio software platform
