startups doing robots in Europe

In 2023 we tracked 100 investment deals worth $900 million with startups doing robotics out of Europe. Building a robots startup is not for the fainted-hearted as it is a capital intensive business - the VC spend in the category however doubled from half a billion in 2020 to more than 1 billion in 2022. 

Active investors include

• 🇮🇹 Cysero
• 🇨🇭 Swisscom Ventures
• 🇩🇪 HTGFand
• 🇮🇹 CDP VC via RoboIT​

Some notable growth deals, other than health-focused startups:

• 🇩🇪 Neura Robotics - industry agonostic cobots
• 🇨🇭 ecoRobotix - robots used for weeding 
• 🇨🇭 ANYbotics - industrial inspection robots
• 🇬🇧 Automata - robotics powered platform for end-to-end lab work
• 🇨🇭 ClearSpace - robots for in-orbit servicing and space debris removal
• 🇳🇴 1x Technologies - androids capable of human-like movements and behaviors.

Interesting early stage startups that raised last year:

• 🇩🇪 Unchained Robotics - AI-based robots for electronics production.
• 🇮🇹 Oversonic Robotics - cognitive humanoid robots
• 🇺🇦 Deus Robotics - warehouse robotics for RPA Automation
• 🇩🇪 Sereact - AI-based warehouse robots
• 🇬🇧 Q-Bot - robots used to assess and maintain the health of buildings.
• 🇪🇸 Keybotic - robot dog used for industrial inspections, monitoring, inspecting, and mapping of complex environments.
• 🇳🇴 Kilter - another robot used for weeding
• 🇩🇪 Angsa - outdoor robot used for automating rubbish collection in green environments.
• 🇫🇷 Pollen - VR-controlled multi-purpose robot
• 🇩🇰 Riact - real-time software platform for simple and extensible robot applications.

Well-funded robotics startups from Europe (raised to date):

• 🇫🇷 Exotec - $450 million 
• 🇩🇪 Agile Robos - $380 million
• 🇨🇭 Distalmotion - $240 million
• 🇩🇪 Wandelbots - $121 million
• 🇩🇰 Blue Ocean Robotics - $120 million
• 🇪🇪 Starship Tech - $84 million
• 🇫🇷 Wandercraft - $70 million
• 🇫🇷 Naïo - $50 million
• 🇭🇷 Gideon Brothers - $40 million
• 🇵🇱 Nomagic - $31 million