# KEWAZO

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/kewazo

- Industry: Industrial Machinery
- Headquarters: Garching bei Munchen, Germany
- Website: www.kewazo.com
- Total disclosed funding: $35M
- Latest round: Series A (Mar 19, 2026)
- Investors on record: 12

## About

Based in Garching bei Munchen, Germany, KEWAZO GmbH develops advanced robotic solutions, focusing on the innovative LIFTBOT, aimed at enhancing construction efficiency and safety through automated material handling.Founded in 2016 in Garching bei Munchen, Germany, KEWAZO GmbH specializes in robotic lifting solutions. The company has successfully completed four deals, with the latest being a Series A funding round in October 2022, raising USD 10.000 mn led by Fifth Wall Ventures. The founders include Alimzhan Rakhmatulin, Artem Kuchukov, Eirini Psallida, Ekaterina Grib, and Leonidas Pozikidis, with Artem Kuchukov currently serving as CEO. The latest funding round brought the total amount raised to USD 10.000 mn, positioning the company's valuation at USD 42.352 mn.KEWAZO specializes in advanced lifting solutions, primarily through its flagship product, the LIFTBOT. This battery-powered robot facilitates safe and efficient material handling in construction. The LIFTBOT alleviates physical strain on workers and enhances safety protocols, proving its utility in significant projects like the U.S. Capitol and the ExxonMobil Baytown Refinery. KEWAZO's products target construction firms, scaffolding service providers, and large-scale industrial operations across Europe and North America.KEWAZO primarily generates revenue through B2B transactions with clients, focusing on the sale and leasing of its LIFTBOT units. This flexible model allows clients to purchase or rent based on project requirements, minimizing upfront investments. Pricing plans involve direct client negotiations, often incorporating service agreements for maintenance and support, ensuring alignment with the evolving needs of the construction sector.With the USD 10.000 mn raised in Series A funding in October 2022, KEWAZO plans to accelerate its business growth and expand its workforce. The funding will support product development initiatives aimed at enhancing the LIFTBOT and potentially launching new products in the near future. The company also aims to penetrate new markets, specifically targeting North American regions to broaden its market reach by 2024.

## Funding rounds

- Series A, Mar 19, 2026, $16M — Atlas Venture, Chevron Technology Ventures, True Ventures, Schooner Capital, Gaingels, Benson Capital, Mana Ventures, Asahi Kasei Corporate Venture Capital, Cybernetix Ventures
- Series A, Oct 11, 2022, $10M — True Ventures, MIG Capital, Fifth Wall Ventures, Nemetschek Group, Cybernetix Ventures
- Series A, Jul 23, 2021, $5M — True Ventures, MIG Capital
- Seed, Jul 31, 2019, $2.8M — MIG Capital
- Seed, Apr 28, 2018, $1.2M — MIG Capital

## Investors

- MIG Capital (https://capitalatlas.ai/funds/mig-capital) — Seed, Series A
- True Ventures (https://capitalatlas.ai/funds/true-ventures) — Series A
- Fifth Wall Ventures (https://capitalatlas.ai/funds/fifth-wall-ventures) — Series A
- Nemetschek Group — Series A
- Cybernetix Ventures (https://capitalatlas.ai/funds/cybernetix-ventures) — Series A
- Atlas Venture (https://capitalatlas.ai/funds/atlas-venture) — Series A
- Chevron Technology Ventures (https://capitalatlas.ai/funds/chevron-technology-ventures) — Series A
- Schooner Capital (https://capitalatlas.ai/funds/schooner-capital) — Series A
- Gaingels (https://capitalatlas.ai/funds/gaingels) — Series A
- Benson Capital — Series A
- Mana Ventures (https://capitalatlas.ai/funds/mana-ventures) — Series A
- Asahi Kasei Corporate Venture Capital — Series A