Munich's RobCo Reaches Unicorn Status in Share Sale and Funding Deal
The industrial automation startup says its valuation has doubled in nine months, surpassing €892.4 million through a mix of new capital and an employee secondary share sale.
AfroEuropa Newsroom
AfroEuropa desk
RobCo, a Munich-based robotics company specialising in industrial automation, has reached a valuation above €892.4 million (around $1 billion), reaching unicorn status, according to EU-Startups and Sifted. The company said its valuation has doubled over the past nine months.
The transaction combines fresh investment with a secondary share sale that lets employees sell part of their holdings. RobCo did not reveal the overall size of the deal or how it was divided between new capital and the secondary sale.
Existing backers taking part included Sequoia, Lightspeed, Greenfield, Kindred, Lingotto, and Promus Ventures. They were joined by new investors Cherry Ventures and European Tech Collective, a network of European technology founders.
Keep reading
Circus Group CEO Nikolas Bullwinkel to Keynote EU-Startups Summit 2027
The founder of AI robotics firm Circus Group will speak on scaling European deep tech at the EU-Startups Summit in Malta in May 2027.
Other highlights
Binance to Close Bitcoin Mining Pool in November Amid Industry Squeeze
Binance will shut down its mining pool and related services on November 10, 2026, advising miners to switch to other pools as mining economics tighten.
Follow the story
One newsletter, two continents
The Bridge brings you the tech, startups, and leaders moving between Africa and Europe in one sharp email each morning. No spam, unsubscribe anytime.
