Embotech raises €10.4M Series A round
17 December 2021· Zurich, Switzerland· logistics, industrial_automation, autonomous_driving, ai, b2b, software_hardware
The Series A funding will be used to grow the team, robustify existing software products, further develop full L4 autonomy systems for gated areas with key partners, and accelerate the deployment of automation systems and solutions in factory grounds, logistics, and mining.
Investors
LeadZF Friedrichshafen AG
Also participating
FuturePlayEmilio FrazzoliBystronic AG
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
Source: https://www.startupticker.ch/en/news/ten-million-swiss-francs-for-embotech