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Robotics 24/7·· 2026-10-05AI score60

RobCo's valuation tops $1 billion, and it announces the March 2027 launch of its autonomous industrial robot Alfie

Summary

RobCo announced that its valuation has topped $1 billion, doubling within nine months, and it is offering some long-serving employees a chance to cash out part of their equity. The company raised $100 million in February 2026, with existing investors including Sequoia and Lightspeed participating in this round, and Cherry Ventures and European Tech Collective as new investors.

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Source: Robotics 24/7 · robotics247.com