Munich-based RobCo, which makes robotic arms and automation software, sells $40M of shares at a $1B valuation, up from ~$500M after raising $100M in January (Ben Dummett/Wall Street Journal)

Techmemeen

Munich-based RobCo, which makes robotic arms and automation software, sells $40M of shares at a $1B valuation, up from ~$500M after raising $100M in January (Ben Dummett/Wall Street Journal)

Ben Dummett / Wall Street Journal : Munich-based RobCo, which makes robotic arms and automation software, sells $40M of shares at a $1B valuation, up from ~$500M after raising $100M in January — German company aims to capitalize on growing demand for autonomous industrial robots — German robotics startup RobCo has sold shares …

This is a short summary published by AI Global Wire. The full article is owned and hosted by Techmeme — open it there to read it in full.

Read the full story at Techmeme
  • Robotik
  • Företag

Related AI news