Coboworx receives 4.5 million euros

Jan Schulte Jan Schulte | 14.09.2021

The robotics startup was able to close a seed funding round. The money comes from Picus Capital, among others.

Picus Capital, the investment company of Alexander Samwer, and the technology holding Team Global lead a financing round of Coboworx. The start-up was thus able to raise 4.5 million euros, as the Handelsblatt reports. Also participating, according to the report, were Paua Ventures as well as business angels such as Rubin Ritter of Zalando and Florian Huber of website domain provider united-domains.

Coboworx was founded in 2019. The start-up wants to help small and medium-sized companies with automation and relies on so-called cobots and lightweight robots to do so, which are intended to support employees. To do this, it develops ready-made robotic cells that are supposed to be easy to install. Within two business days of their request, companies would receive an initial analysis of whether robots could help, the startup promises on its website. "In ten years, a robot will be what the smartphone is today," co-founder Olaf Gehrels tells Handelsblatt.


FYI: English edition available

Hello my friend, have you been stranded on the German edition of Startbase? At least your browser tells us, that you do not speak German - so maybe you would like to switch to the English edition instead?

Go to English edition

FYI: Deutsche Edition verfügbar

Hallo mein Freund, du befindest dich auf der Englischen Edition der Startbase und laut deinem Browser sprichst du eigentlich auch Deutsch. Magst du die Sprache wechseln?

Deutsche Edition öffnen

Similar posts