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120ft exits stealth with €576,000 angel investment

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Swedish robotics startup 120ft announced it has exited stealth, completing a €576,000 angel round from 22 angel investors, with the funds to be used to develop autonomous microfactories driven by humanoid robots, serving localized small-batch manufacturing. Its factory design uses three 40-foot containers, respectively handling component preparation, assembly, inspection and packing, and the system combines humanoid robots, AI, virtual production line simulation and self-developed orchestration software. The company has demonstrated a robot assembling a lamp, including installing a cylinder lock, connecting the lamp holder and completing functional testing. 120ft plans to operate the factories itself, with customers paying per finished product and no need to buy robots or build their own automated production lines. The funds will support its software and factory infrastructure development, advancing toward commercial production.