RobCo

RobCo said in a press release on Oct 5 that it has passed a $1 billion valuation, roughly doubling in nine months, in a transaction that combines new money for the company with a secondary sale that lets long-serving employees cash in part of their shares. Existing investors Sequoia, Lightspeed, Greenfield, Kindred, Lingotto and Promus Ventures took part alongside new backers Cherry Ventures and European Tech Collective, a group of European tech founders; RobCo disclosed neither the amount raised nor the size of the secondary. The Munich company, founded in 2020 and selling modular industrial robots on a robotics-as-a-service basis, said the US is now its fastest-growing market, with customers in more than a dozen states, assembly in Austin, Texas, a lab in San Francisco, and chief executive Roman Hölzl relocated to the US. It plans to launch Alfie, a robot meant for high-mix, unstructured factory work, at its first RobCoN summit in Munich on March 4, 2027. MEKAWIRE has verified $142.5 million of RobCo's equity funding, most recently a $100 million Series C on Jan 29, 2026, so the new mark comes eight months after its largest primary round.

Unitree Robotics, the Hangzhou maker of quadruped and humanoid robots that listed on Shanghai's STAR Market in August 2026, now earns more from humanoids than from robot dogs. Its filings show 73.6% of humanoid revenue in the first nine months of 2025 came from research and education buyers, the central question for a company worth about RMB61 billion at its issue price.

Hitachi has reached a basic agreement with Munich's Agile Robots to fuse their AI models into a robot "brain" for factory work and pair it with Hitachi's edge AI chips, then sell the results globally through HMAX Industry. No financial terms or launch dates were disclosed, and the deal came a day before Hitachi's separate physical AI partnership with FANUC.

Watney has raised an $80 million Series A co-led by the Valor Atreides AI Fund and Hummingbird Ventures, taking its total funding past $100 million. The San Francisco company runs dexterous robots for hyperscale cloud operators and claims better than 99.99% reliability over hundreds of thousands of operating hours, but it disclosed no customer names, valuation or founders.

Barcelona-based THEKER has raised US$85 million in a Series A led by CRV, with Samsung, LVMH, Henkel, Mercadona and others joining, according to investor Cathay Innovation. The four-year-old company builds AI-native generalist robots that it says already run in live European production lines, but it has not named customers or disclosed a valuation.

Standard Bots said on 9 June 2026 that it had raised a US$200 million Series C led by RoboStrategy, with existing investors including General Catalyst, at a valuation of US$1 billion. The Glen Cove, New York, robot maker is expanding its plant to 70,000 square feet and says it is on pace to supply 10% of new US industrial robot deployments by 2027.

Sereact, the Stuttgart developer of the Cortex robot model, raised US$110 million in a Series B led by Headline on 27 April 2026, citing more than 1 billion production picks and one remote intervention in about 53,000. The money funds Cortex 2.0, which adds a world model to a vision-language-action model, and a first US office in Boston; Zalando later joined, lifting the round to US$116 million.

UK robotics start-up Humanoid said on 30 March 2026 that its wheeled HMND 01 Alpha completed a January to February proof of concept with SAP and Turkish seat maker Martur Fompak, taking orders from SAP's AI agent in live production. It was the first time an enterprise system controlled a Humanoid robot externally, through the four-layer KinetIQ AI framework the company unveiled on 5 February.

Los Angeles-based Machina Labs closed a $124 million Series C on 4 February 2026 with Woven Capital, Lockheed Martin Ventures, Balerion Space Ventures and the Strategic Development Fund. The money funds a 200,000-square-foot US factory for up to 50 RoboCraftsman cells making defense and aerospace structures. No lead investor or valuation was disclosed.

Bedrock Robotics, founded in 2024 by former Waymo engineers, raised a $270 million Series B co-led by CapitalG and Valor Atreides AI Fund, taking total funding past $350 million. The San Francisco company retrofits existing excavators with autonomy and is targeting its first operator-less deployments this year, a month after Caterpillar unveiled its own construction autonomy line.

RobCo, which builds AI-driven industrial robots and leases them to manufacturers, raised $100 million in a Series C round co-led by Lightspeed Venture Partners and Lingotto Innovation on January 29, 2026. The Munich-founded company will use the money for its Physical AI roadmap, larger enterprise deployments and a bigger US presence, but disclosed no valuation or deployment figures.

Generalist AI introduced GEN-0 on November 4, 2025, a family of embodied foundation models that the company says improves predictably with more physical interaction data. It reported a capacity threshold at 7 billion parameters, models scaled past 10 billion, and a pretraining corpus of more than 270,000 hours growing by over 10,000 hours a week. The findings were published as a company blog post, not a peer-reviewed paper.

The International Federation of Robotics said on 25 September 2025 that 542,000 industrial robots were installed worldwide in 2024, the second-highest annual total on record and 2% below 2023. Japan (44,500 units, down 4%), the Republic of Korea (30,600, down 3%) and Germany (26,982, down 5%) all contracted, while China installed 295,000 units and domestic Chinese makers took 57% of their home market for the first time.