Future Industry Ventures
Assembly Line
Unchained Robotics raises €5.5 M to unlock the future of automation
Unchained Robotics advanced its goal to make plug-and-play robotics accessible in industry with a €5.5 million raise. It brings the company’s funding to €7.7 million. Robotics and automation technology can support and compensate for the lack of skilled workers. However, for German SMEs in particular, automation technology is often too high a barrier to entry. Unchained Robotics wants to change this with its simple, transparent, independent automation solution. Unchained Robotics offers plug-and-play automation solutions that can automate logistics and metalworking processes in factories within a few hours.
Future Industry Ventures, a joint venture between SBI Holdings and Redstone, led the round. Unchained Robotics aims to use the investment to expand its sales and services and to serve the booming demand for its new MalocherBot into a broader range of applications.