MetisMotion: Raises €1.5M in Funding

MetisMotion Raises €1.5M in Funding

  • MetisMotion, a Munich, Germany-based startup that specializes in actuators for automation applications, raised €1.5M in funding
  • Backers included BORN2GROW, High-Tech Gründerfonds and Siemens Technology Accelerator
  • The company intends to use the funds to prepare the market launch for its patent-protected naXture actuator platform in late summer
  • Led by Patrick Fröse, Managing Director, The Comapany has developed core technology that consists of highly dynamic and lightweight actuators for automation applications
  • Customers include national and international manufacturers from the fields of factory and process automation, robotics and mobility
  • The Munich site is currently home to in-house development, production, marketing and sales
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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