Coboworx
Latest round
- Seed
Last raised
- Apr 2024
Total raised
- $17M
Investors
- 16
About Coboworx
Founded in 2019 in Rhineland-Palatinate, Germany, Coboworx GmbH focuses on delivering turnkey robotic solutions.88 million.Coboworx GmbH specializes in providing turnkey robotic solutions designed specifically for small and medium-sized enterprises (SMEs). Its main offerings include modular systems for palletizing and machine tending aimed at enhancing production efficiency while addressing labor shortages. These configurable solutions can be operational within a rapid timeframe of six weeks and require no expert knowledge for operation. Clients can access flexible rental options starting at EUR 2,000 per month.The company's revenue model is based on a Robotics as a Service (RaaS) framework, allowing clients to access robotic solutions through rental agreements. This model reduces upfront costs, which is attractive to SMEs seeking automation. Rental agreements typically include maintenance and support to ensure operational reliability, with a flexible four-week trial phase for potential customers. The company is focused on launching new products designed to meet the increasing demand for automation among SMEs. Additionally, Coboworx aims to expand its market presence throughout Europe, targeting specific regions by the end of 2025.
Who invested in Coboworx
16 investors across 2 rounds
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Questions about Coboworx
Who invested in Coboworx?
Coboworx has 16 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Coboworx raised?
Coboworx has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Coboworx last raise money?
Coboworx's most recent round on record is a Seed, in Apr 2024.
What does Coboworx do?
Founded in 2019 in Rhineland-Palatinate, Germany, Coboworx GmbH focuses on delivering turnkey robotic solutions.
Where is Coboworx headquartered?
Coboworx is headquartered in Rhineland-Palatinate, Germany.
Which VCs invest in companies like Coboworx?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Balderton Capital back industrial machinery companies at Coboworx's stage. Their profiles are linked below.
VCs backing industrial machinery startups at Seed
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