Robco links up with $14M led by Sequoia to bring modular robotics to industrial SMBs
TechCrunch
DECEMBER 11, 2022
After years of outsourcing and offshoring manufacturing to countries with cheaper labor and bigger production ecosystems, the U.S. and Europe are on a mission to bring some of that industrial work back to its own shores. Today, a startup that believes it can help with that shift is announcing some funding. Robco , a Munich-based startup that has built a platform for designing low-cost modular robots for small and medium industrial businesses, has picked up €13 million (abut $13.8 million).
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