Fundz

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

PRIVATEJun 10, 2024

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.

Quick answer

ARX Robotics raised €9 Million in a Seed round, dated June 10, 2024. Investors: Discovery Ventures, Project A Ventures and NATO Innovation Fund. ARX Robotics is based in Munich, Bavaria, Germany.

How much did ARX Robotics raise?
ARX Robotics raised €9 Million in a Seed round on June 10, 2024.
Who invested in ARX Robotics?
Discovery Ventures, Project A Ventures and NATO Innovation Fund are named as investors in this round.
What does ARX Robotics do?
ARX Robotics develops the modular Gereon UGV platform and Mithra OS, the first AI-powered operating system designed to upgrade legacy military vehicles.
Where is ARX Robotics based and how big is it?
ARX Robotics is based in Munich, Bavaria, Germany. Fundz records about 66 employees.
Who are the decision-makers at ARX Robotics?
Fundz holds 1 contact at ARX Robotics. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Robotics and Manufacturing around the same time

Companies in the same sectors as ARX Robotics that raised within 45 days of this round, from Fundz verified event records.

  • LimX Dynamics raised an undisclosed amount (Series A) on July 15, 2024.
  • Pivot Robots raised an undisclosed amount (Seed) on July 1, 2024.
  • Shanghai Hi-Dolphin COFE+ raised an undisclosed amount (Series A) on June 19, 2024.
  • DIH Holding US raised $3.3M (Seed) on June 7, 2024.
  • Botsync raised $5.2M (Series A) on June 5, 2024.
  • Micropep Technologies raised $29M (Series B) on July 25, 2024.

Who to call at ARX Robotics, and when

A new round usually means ARX Robotics is about to hire and buy. The teams that reach out first get the meeting.

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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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ARX Robotics raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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