TL;DR:
- German startup Unchained Robotics raises €5.5 million in funding, bringing total funding to €7.7 million.
- Unchained Robotics offers plug-and-play automation solutions for SMEs, addressing the barrier to entry for automation technology.
- The company’s MalocherBot is gaining rapid global adoption, automating manual processes in logistics and metalworking within hours.
- Notable investors include Future Industry Ventures, Teklas Ventures, and existing supporters.
- Unchained Robotics plans to expand its sales and services to meet growing demand.
Main AI News:
In a significant stride towards democratizing automation in the industry, German startup United Robotics, operating under the Unchained Robotics banner, has successfully raised €5.5 million in funding, catapulting its total funding to an impressive €7.7 million.
The Need for Accessible Automation
The world of robotics and automation technology holds immense promise, offering the potential to bridge the gap caused by a shortage of skilled workers. However, for small and medium-sized enterprises (SMEs) in Germany, entering the realm of automation has often felt like an insurmountable hurdle. Unchained Robotics is on a mission to change this narrative by offering a straightforward, transparent, and independent automation solution.
Plug-and-Play Excellence
Unchained Robotics distinguishes itself by providing plug-and-play automation solutions capable of transforming logistics and metalworking processes in factory settings within mere hours. The company’s automation platform boasts compatibility with over a dozen robotics manufacturers, thus granting SMEs unprecedented access to standard robotics.
Mladen Milicevic, Co-Founder of Unchained Robotics, enthusiastically shared his insights on the company’s revolutionary product, the MalocherBot: “With the MalocherBot, we have created a unique product that not only makes plug & play automation possible but is already in use worldwide after just a few weeks. Thanks to our software platform, the MalocherBot can automate common manual processes in logistics and metalworking in just a few hours. With our online platform, we have proven that the search and selection for automation can be made easier, faster, and better. With the MalocherBot, we are now showing that every factory worldwide can use robotics and automation.”
Notable Backers Lead the Way
Future Industry Ventures, a joint venture backed by SBI Holdings and Redstone, spearheaded the latest funding round. The impressive roster of investors also includes Teklas Ventures, vent.io, and existing supporters such as BORN2GROW, Archimedes New Ventures, the OWL technology fund managed by EnjoyVenture, and a host of business angels, including Christian Hülsewig (Schüttflix), Marek Lehmann, Eike Klein (both u+i ventures), and Reinhard Rabenstein.
Moritz Schwarz, VC Principal at SBI, shared his perspective on the investment: “Unchained Robotics impressed us with their understanding of SMEs and their development in recent years. Their automation platform and the MalocherBot clearly show the way toward the democratization of automation. With a global customer network, the company has impressively demonstrated that it can help companies in the long term.”
A Bright Future Beckons
With the freshly secured investment, Unchained Robotics is poised to expand its sales and services while satisfying the surging demand for its innovative MalocherBot across a wider spectrum of applications. The company’s journey to make automation accessible and indispensable for SMEs is undoubtedly one of the most promising stories in the world of business and technology today.
Conclusion:
Unchained Robotics’ successful €5.5 million funding round underscores the rising demand for accessible automation solutions in the market. Their innovative MalocherBot and comprehensive platform for SMEs signify a shift towards democratizing automation technology. This development signals a promising future for automation technology providers, as more businesses seek streamlined and cost-effective automation solutions to address workforce challenges and enhance productivity.
