German Robot Startup RobCo Valued at $1 Billion, CEO Moves to US
German robotics company RobCo announced it has reached a $1 billion valuation following a secondary share sale after a $100 million capital raise in January. CEO Roman Holzl has relocated to the US to focus on the company's fastest-growing market. Founded in 2020 and based in Munich, RobCo plans to launch Alfie, a two-armed, self-learning industrial robot, in March.
ET Tech··Munich

.webp)

