coboworx raises $12M to make robotics more accessible

coboworx offers robotic solutions for machine tending and palletizing. | Source: coboworx

coboworx last week brought in €11.4 million (about $12.2 million) in funding. The company plans to use the funding to expand its team, grow its product range, and tap into new markets. It’s also set to open a new location in Munich later this year.

coboworx’s platform has a modular design that enables SMEs to start with specific systems for individual process steps and expand as needed. The...