HomeGermanyWandelbots Raises $84M in Series C Funding

Wandelbots Raises $84M in Series C Funding

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Wandelbots CEO Christian Piechnick

Wandelbots, a Dresden, Germany-based robotic software company that is making industrial robots accessible for everyone, raised over $84m in Series C financing.

The round was led by Insight Partners, with participation from existing investors 83North, Microsoft, Next47, Paua, Atlantic Labs and EQT. In conjunction with the funding, Philine Huizing, Principal at Insight Partners, will join the Wandelbots board.

The company intends to use the funds to open its Robotics Software Platform to automation solution providers and third-party developers.

The opening will enable developers to build their own robotics applications on top of a manufacturer-agnostic control plane. Wandelbots also plans to use the funding to scale its flagship teaching solution to support more robots, applications, and regions worldwide, expand its global footprint, accelerate hiring and build go-to-market organizations in the US and Asia.

Wandelbots’ cutting-edge platform is used by several leading robot-manufacturers and OT system integrators. Robots from Universal Robots & Yaskawa at customers like BMW, VW, Fraunhofer, Schaeffler, Rotop and Vitesco run on Wandelbots, and the company has partnered with system integrators across Europe, including Gibas, Alumotion, Heidenbluth and Sojka.

Led by Christian Piechnick, CEO and Co-Founder, Wandelbots is the maker of a robot programming solution, ‘Wandelbots Teaching’, and a unified developer platform, which empower companies, large and small, to work with robots on their shop floors.

Robots from Universal Robots & Yaskawa at customers like BMW, Bayer, VW, Fraunhofer, Schaeffler, Rotop and Vitesco run on Wandelbots. The company has partnered with leading OT system integrators in Europe such as Gibas, Alumotion, Heidenbluth and Sojka.

Wandelbots today employs more than 140 people from 17 countries.

FinSMEs

25/01/2022

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