Cognibotics raises SEK 60M for industrial robot commercialization

May 4, 2022 · Funding · Cognibotics · Industrial

Cognibotics raised SEK 60 million in new capital to deliver customer-specific robotics solutions and adapt products for market.

Cognibotics company media
Company media · Cognibotics
  • Newton ApS was the main new investor, alongside Fairpoint Capital and existing shareholders.
  • The capital supported product packaging, market adaptation and customer-specific automation solutions.
  • The capital supports commercial automation and autonomous-system workflows as Cognibotics moves from product development toward broader commercial use.

Cognibotics develops industrial robot platforms and motion-control software for logistics and manufacturing. Its HKM1800 robot combines hybrid kinematics with a large workspace and was selected for €6.5 million in EIC Accelerator blended finance.