Backed by Sequoia Capital and Lightspeed, RobCo enters the US market with the acquisition of Speedy Robotics, marquee clients, and operations already spanning 14 states
RobCo, the robot-as-a-service firm redefining industrial automation, has expanded its launch in the USA with the opening of a brand new San Francisco HQ. In simply eight months, RobCo has constructed a powerful native presence, establishing two meeting websites in Austin, buyer operations throughout 14 states, and buying the property of the US agency, Speedy Robotics, together with {hardware}, marquee clients, and an skilled native crew. The enlargement comes at a pivotal second for US trade, as labor shortages, provide chain pressures, and a renewed give attention to reshoring manufacturing intensify the necessity for extra reasonably priced, environment friendly approaches to automation.
New analysis launched by RobCo has discovered that 61% of American industrial firms are accelerating their automation initiatives amid the nation’s give attention to boosting US manufacturing capabilities, whereas virtually all (95%) plan so as to add new automation options within the subsequent 1-3 years. Lack of expert employees was revealed to be a high problem, notably for smaller organizations, whereas Deloitte just lately discovered 1.9 million manufacturing jobs might stay unfilled if companies can not handle the talents and applicant hole by 2033. Towards this backdrop, RobCo brings a enterprise mannequin and superior expertise answer that make robots extra reasonably priced, risk-proof, and easy to deploy and handle for tomorrow’s factories, warehouses, and achievement facilities.
RobCo’s robot-as-a-service (RaaS) providing combines proprietary modular {hardware}; AI-powered, no-code software program; and a shared threat, pay-as-you-go mannequin whereby clients solely pay when robots are working and require minimal technical experience to handle. This mix makes automation extra reasonably priced, adaptable, and accessible to companies of all sizes. The modularity of RobCo’s expertise empowers firms to shortly pilot and scale the automation of repetitive and harmful duties, together with machine tending, palletizing, shelling out, and welding. By eradicating the necessity for a system integrator, RobCo accelerates time to productiveness and ROI, reducing normal trade deployment timelines from months to weeks.
RobCo’s momentum accelerates
The US enlargement displays RobCo’s fast progress in Europe, rising its headcount by 59% within the final twelve months and supporting tons of of manufacturers together with BMW Group, Wildpack Beverage, DynaEnergetics, DE-VAU-GE, Linamar, and Fraunhofer. The agency has achieved backing by high buyers, together with Sequoia Capital, Lightspeed Enterprise Companions, and Kindred Capital, which have beforehand funded category-defining firms reminiscent of Apple and Nvidia. Market curiosity in versatile robotics funding options continues to drive the corporate’s robust trajectory: RobCo’s research additionally discovered 42% of US firms are contemplating RaaS subscription fashions for financing.
“It is a pivotal second for American trade, full of alternative and demand for automation, because the nation focuses on reshoring trade and grapples with ongoing labor shortages. However so far, the market has been dramatically underserved,” stated Roman Hölzl, CEO and co-founder of RobCo. “Automation is essential to industrial companies’ long-term competitiveness, and we’re on a mission to make it reasonably priced, versatile and low-risk for companies of all sizes. By automating boring and harmful duties, American firms can improve productiveness and tackle new initiatives whereas attracting and retaining the subsequent era of expertise by providing safer, extra beneficial, and fulfilling work. We have already hit the bottom working within the US with a powerful roster of consumers, a proficient native crew, and rising on-the-ground presence. We can not wait to see what’s subsequent.”
“There are lots of routine and risk-filled duties ripe for automation, notably within the manufacturing market, and RobCo is uniquely addressing this hole,” stated Luciana Lixandru, Companion at Sequoia Capital. “Its modular {hardware} and intuitive, highly effective software program platform make robotics straightforward to configure and deploy in simply days. Whereas hype is in all places in robotics, RobCo’s confirmed expertise providing and versatile funding fashions are what units it aside. We have already been impressed by its European progress and imagine it’s the proper firm on the proper time to rework American trade.”
“We’re excited to be working with RobCo to deliver automation into certainly one of our most labor-intensive areas. Whereas our mission remains to be in progress, we already see the potential for important effectivity good points and are trying ahead to experiencing the affect as soon as totally applied. As one of many early US clients, we imagine RobCo’s sensible and reasonably priced strategy will create actual worth for companies like ours throughout the nation,” stated Thomas Walker, Chief Development Officer at Wildpack Beverage.
About RobCo
Based in 2020 out of the Technical College of Munich, RobCo is on a mission to make industrial automation extra accessible, reasonably priced, and adaptable. Its patented modular {hardware} package, mixed with the RobCo Studio no-code software program platform, permits industrial firms of all sizes to automate repetitive and harmful duties shortly and with unmatched flexibility. Whether or not it is machine tending, palletizing, shelling out, or welding, RobCo’s modular robotic kits present versatile end-to-end options which can be easy to deploy and handle remotely – with out heavy upfront funding or specialist experience. With workplaces in Munich and San Francisco and robots already in operation worldwide, RobCo is supercharging a brand new era of business firms to cut back prices, increase productiveness, and compete on a world stage.
