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Europe's new robotics unicorn: Germany's RobCo hits $1B valuation
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Overview
- Munich-based RobCo has surpassed a $1 billion valuation through an employee secondary share sale, doubling its valuation in just nine months. - Existing investors including Sequoia, Lightspeed, Greenfield, Kindred, Lingotto and Promus Ventures participated alongside new backers Cherry Ventures and European Tech Collective. - RobCo is preparing to launch Alfie, its autonomous industrial robot, co...
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