Wandelbots, which came out of Technical University of Dresden research, secured the funding as it publicly launched its robotics training software tool.

Wandelbots, a Germany-based robotics training technology producer using research from Technical University of Dresden, has raised $30m in a funding round led by venture capital firm 83North, TechCrunch reported yesterday.
Industrial technology manufacturer Siemens and software provider Microsoft took part in the round through respective subsidiaries Next47 and M12, and were joined by Atlantic Labs, EQT Ventures, Haniel, Paua Ventures and private investor Alexander Rinke, according to media reports.
Founded in 2017, Wandelbots has developed a machine learning…

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Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.