# Toolify Robotics

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/toolify-robotics

- Industry: Industrial Machinery
- Headquarters: Ulm, Germany
- Website: www.xito.one/
- Total disclosed funding: $1.6M
- Latest round: Seed (Aug 31, 2022)
- Investors on record: 5

## About

Based in Ulm, Germany, Toolify Robotics GmbH develops and markets the XITO Robotics Solution Platform, which enables users to configure and implement robotic automation solutions without any programming knowledge. In March 2024, Toolify Robotics GmbH raised EUR 1.6 million in seed funding from investors High-Tech Gründerfonds, Mittelständische Beteiligungsgesellschaft Baden-Württemberg GmbH, Sparkasse Ulm, Biberach, and AiCobot.

The company offers the XITO platform, a robotics engineering platform that enables users to design, build, and deploy robotic automation solutions without programming knowledge. The product drag-and-drop visual interface simplifies the automation process and makes it accessible to users without programming knowledge. The firm also offers a modular system of hardware and software components that can be easily combined to create customer-specific automation solutions. Toolify Robotics modular system offers a wide range of functionalities, including machine tending, picking, palletizing, dispensing, material removal, assembly, transport with mobile robots, and quality testing. This modular approach enables seamless integration into diverse industrial environments, enhancing productivity and efficiency in handling and assembly. Additionally, the company offers consulting services and support packages for users implementing XITO solutions.

The company generates revenue by selling products that range from EUR 8950 to EUR 41415.

The company plans to use the March 2024 funding to broaden sales initiatives and advance product development efforts.

## Funding rounds

- Seed, Aug 31, 2022, $1.6M — High-Tech Gruenderfonds, Chancenkapital Biberach, MBG Baden-Wuerttemberg, AiCobot, Sparkasse Ulm

## Investors

- High-Tech Gruenderfonds (https://capitalatlas.ai/funds/high-tech-gruenderfonds) — Seed
- Chancenkapital Biberach — Seed
- MBG Baden-Wuerttemberg (https://capitalatlas.ai/funds/mbg-baden-wuerttemberg) — Seed
- AiCobot — Seed
- Sparkasse Ulm — Seed