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Munich-based RobCo becomes a robotics unicorn as valuation doubles in nine months

EU-StartupsEuropean Union · EUROPE

RobCo, a Munich-based robotics startup focused on industrial automation, today announced that it has surpassed an €892.4 million ($1 billion) valuation in a transaction that combines new investment an...

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RobCo, a Munich-based robotics startup focused on industrial automation, today announced that it has surpassed an €892.4 million ($1 billion) valuation in a transaction that combines new investment and an employee secondary share sale. The company says its valuation has doubled in nine months.  Existing investors, including Sequoia, Lightspeed, Greenfield, Kindred, Lingotto, and Promus Ventures, […]

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