About coboworx
coboworx is a company based in Monzelfeld (Germany) founded in 2019 by Olaf Gehrels. coboworx has raised $17.72 million across 2 funding rounds from investors including Picus Capital, Team Europe and SquareOne. coboworx offers products and services including Palletizing Robot and Machine Loading Robot. coboworx operates in a competitive market with competitors including Locus Robotics, Cycle Labs, inVia Robotics, Element Logic and PHINXT, among others.
- Headquarter Monzelfeld, Germany
- Founders Olaf Gehrels
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Sectors
Transportation, Automotive & LogisticsIndustrial Goods & Manufacturing
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Email
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Phone
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Website
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Social
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- Legal Name Coboworx Gmbh
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Annual Revenue
Not available
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Net Profit
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EBITDA
Not available
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Total Equity Funding
$17.72 M (USD)
in 2 rounds
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Latest Funding Round
$12.41 M (USD), Series A
Jun 05, 2024
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Investors
Picus Capital
& 6 more
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Employee Count
Not available
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Products & Services of coboworx
coboworx offers a comprehensive portfolio of products and services, including Palletizing Robot and Machine Loading Robot.
Robot for efficient palletizing of cartons and sacks
Robot for loading and unloading machines in production lines
People of coboworx
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Sales and Marketing
4 people
Software Development Team
1 people
Vertriebsingenieur Team
1 people
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Funding Insights of coboworx
coboworx has successfully raised a total of $17.72M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $12.41 million completed in June 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in coboworx
coboworx has secured backing from 7 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Picus Capital, Team Europe and SquareOne.
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Venture capital firm focused on early stage healthcare, renewable energy, real estate, finance, and multiple businesses
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Investments in pre-seed and seed-stage startups are made by SquareOne.
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Investor details for coboworx
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Investments & Acquisitions by coboworx
Investment portfolio details for coboworx
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Financial Statements - coboworx
Detailed financials for coboworx
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Coboworx Comparisons
Peer comparison for coboworx
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Competitors of coboworx
coboworx operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Locus Robotics, Cycle Labs, inVia Robotics, Element Logic and PHINXT, among others.
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Automated robotic solutions are provided for warehouse operations.
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SaaS-based test automation is offered for warehouse management systems.
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Robotic platforms for warehouse material handling are provided.
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Warehouse management software is supplied to optimize space and operations.
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Web-enabled robotic solutions for warehouse automation are provided.
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Detailed competitors of coboworx
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Latest news on Coboworx
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Frequently Asked Questions about coboworx
coboworx was founded in 2019 and raised its 1st funding round 2 years after it was founded.
coboworx is headquartered in Monzelfeld, Germany. It is registered at Monzelfeld, Rheinland-pfalz, Germany.
Olaf Gehrels is the current CEO of coboworx. They have also founded this company.
coboworx is a funded company, having raised a total of $17.72M across 2 funding rounds to date.
Coboworx was established in 2019 in Monzelfeld, Germany, as a provider of robotic consultancy services to enterprises. Focus is placed on industrial automation, with services encompassing consultancy and training for robots used in picking, packing, placing, palletizing, and loading operations. Activities are conducted within the robotics sector, serving business needs in automation technologies.
coboworx's top competitors include Locus Robotics, Cycle Labs and Element Logic.
coboworx offers Palletizing Robot and Machine Loading Robot.
coboworx has 7 investors. Key investors include Picus Capital, Team Europe, SquareOne, Rubin Ritter, and Florian Huber.