Recare Secures €37 Million in Funding Round
Multiple startups announce significant funding achievements. RobCo obtains €100 million from prominent venture capital firms. Recare successfully raises €37 million. Metergrid acquires €10 million in investment. SEAL Robotics secures €2.2 million in funding.
Several German startups have announced major funding rounds. RobCo, a Munich-based robotics company founded in 2020, raised $100 million from investors including Lightspeed Venture Partners and Sequoia Capital. The company develops modular industrial robots with advanced software capabilities.
Recare, a Berlin-based medical AI startup, secured €37 million from DNV and CIBC Innovation Banking to expand its AI agent development and international operations. Metergrid, focused on decentralized energy solutions, raised €10 million to develop comprehensive energy ecosystems. SEAL Robotics received $2.1 million for its container handling automation systems.
Additionally, Sword Health acquired Kaia Health for $285 million, and several venture capital funds closed new investment vehicles.
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