Embotech raises €24.3M Series B round
12 December 2024· Zurich, Switzerland· logistics, industrial_automation, autonomous_driving, ai, b2b, software_hardware
The funding will be used to scale Embotech's Automated Vehicle Marshalling (AVM) and Autonomous Terminal Tractor (ATT) solutions in Europe, and ultimately in the United States, Middle East, and Asia, and to empower industrial logistics to transition towards a safer, more efficient, and sustainable future.
Investors
LeadEmerald Technology Ventures
Also participating
YttriumBMW i VenturesNabtesco Technology VenturesSustainable Forward Capital FundRKK VC
About Embotech
Stage
Series B
Headquarters
Zurich, Switzerland
Founded
2013
Team Size
51–200
Traction
Customers include BWM, Volkswagen, APM Terminals
Sectors
logisticsindustrial_automationautonomous_drivingaib2bsoftware_hardware