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ARX Robotics raised €9M in seed funding led by NATO Innovation Fund

PRIVATEJun 10, 2024•almost 2 years ago

Amount Raised

€9 Million

Round Type

seed

MunichManufacturingRobotics

Investors

Discovery VenturesProject A VenturesNato Innovation Fund

Description

ARX Robotics, a manufacturer of scalable robotic systems, has raised €9M in seed funding led by the NATO Innovation Fund alongside support from Project A Ventures and Discovery Ventures. The new funding round will be used to expand the team and scale production capabilities in Europe, aiming to fill Europe's gap in autonomous unmanned systems to protect troops in mission-critical tasks.

Company Information

Company

ARX Robotics

Location

Munich, Bavaria, Germany

About

ARX Robotics develops the modular Gereon UGV platform and Mithra OS, the first AI-powered operating system designed to upgrade legacy military vehicles. These technologies enable autonomous ground operations while boosting the mission-readiness of existing fleets, all within a fully European supply chain.

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Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies.

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