Munich robotics company RobCo reaches €1 billion valuation, becoming TUM's 24th unicorn

Founded by three former Technical University of Munich (TUM) robotics students, the Munich-based company RobCo has reached a valuation of €1 billion, becoming TUM's 24th unicorn. The company develops modular, AI-assisted robotic systems based on research from TUM's Chair of Robotics, Artificial Intelligence and Real-time Systems, enabling small and medium-sized manufacturers to deploy flexible robotic automation more easily in a plug-and-play manner.