Our 10th CDTM unicorn: RobCo!

Our 10th CDTM unicorn: RobCo! 🦄

RobCo has crossed a $1 billion valuation, doubling its value in just nine months. A huge congratulations to the entire RobCo team! We are very proud of our alum Roman Hölzl, who joined CDTM in Fall ‘17.

RobCo builds modular, AI-powered industrial robotics systems that help companies automate production without large upfront investments, while also helping address labor shortages in manufacturing. Their mission: prove that autonomous robots work in real factories, not in labs, demos or pilots.

RobCo is backed by Sequoia Capital, Lightspeed, Greenfield Partners, Kindred Capital VC, Promus Ventures and Lingotto, with Cherry Ventures and European Tech Collective joining in.

We can’t wait to see what comes next. Congratulations, RobCo! 🚀
#CDTM #Unicorn #PhysicalAI #Robotics #Entrepreneurship #TUM

Originally posted on LinkedIn · View the original post