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Coboworx secures €11.4M to provide robotics to SMEs

PRIVATEJun 05, 2024•about 2 years ago

Amount Raised

€11.4 Million

Round Type

Funding Round

MunichRobotics

Investors

Andy BenderGeorg Stockinger

Description

German B2B robotics startup coboworx has secured €11.4M to expand its team, enhance product offerings, and enter new markets. The funding will be used to help companies integrate robotics into their digital architecture without prior robotics expertise.

Company Information

Company

coboworx

Location

Munich, Bavaria, Germany

About

German B2B robotics startup coboworx aims to provide robotics solutions to SMEs, enabling them to integrate robotics into their digital architecture without prior robotics expertise.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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