About Franka
Franka is a company based in Munchen (Germany) founded in 2016 by Simon Haddadin was acquired by Agile Robots in November 2023.. Franka operates in a competitive market with competitors including RightHand Robotics, Agile Robots, Gecko Robotics, Bright Machines and Vicarious, among others.
- Headquarter Munchen, Germany
- Founders Simon Haddadin
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Sectors
Industrial Goods & Manufacturing
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Franka Emika Gmbh
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$304.4 K (USD), Grant
Jan 01, 2020
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Investors
Agile Robots
& 1 more
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Employee Count
Employee Count
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Acquired by
Agile Robots
(Nov 02, 2023)
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Funding Insights of Franka
- Total Funding Total Funding
- Total Rounds 2
- Last Round Grant — $304,398
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2020 | Amount | Grant - Franka | Valuation |
investors |
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| Oct, 2017 | Amount | Grant - Franka | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Franka
Franka has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Agile Robots and German Accelerator. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Acceleration programs are provided to German startups internationally.
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Founded Year | Domain | Location | |
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Deep learning-based vision for autonomous robot perception is provided.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Franka
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Franka
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Franka Comparisons
Competitors of Franka
Franka 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 RightHand Robotics, Agile Robots, Gecko Robotics, Bright Machines and Vicarious, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI-enabled robotic grippers for object picking are provided.
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| domain | founded_year | HQ Location |
Deep learning-based vision for autonomous robot perception is provided.
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| domain | founded_year | HQ Location |
Wall-climbing robots are developed for boiler inspections at power plants.
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| domain | founded_year | HQ Location |
Full-stack automation solutions for electronics manufacturing are provided.
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| domain | founded_year | HQ Location |
AI-based robotic arms are developed for industrial automation tasks.
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| domain | founded_year | HQ Location |
Intelligent automation solutions for industrial robots are developed and provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Franka
Frequently Asked Questions about Franka
When was Franka founded?
Franka was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is Franka located?
Franka is headquartered in Munchen, Germany. It is registered at Munchen, Bayern, Germany.
What does Franka do?
Franka was founded in 2016 in Munich, Germany, within the robotics sector for industrial use. Collaborative robot arms are produced, including components such as Arm, Control, Hand, and exchangeable Fingers. Manual guidance and remote control are enabled through the human-centered Pilot interface via Franka Desk. App-based programming is supported in the Desk environment. Cloud-based control is provided, managing up to 1000 robots simultaneously.
Who are the top competitors of Franka?
Franka's top competitors include Vicarious, Yaskawa and Gecko Robotics.
Who are Franka's investors?
Franka has 2 investors. Key investors include Agile Robots, and German Accelerator.