Paderborn-based start-up Unchained Robotics has received €5.5 million of capital which will continue to fuel their global expansion and deepen their services and partnerships. Future Industry Ventures, Teklas Ventures, vent.io, and existing investors including business angels in the industry are backing the company. Unchained Robotics aims to use the investment to expand its sales and services, and to serve the booming demand for its new MalocherBot into a wider range of applications.
“With the MalocherBot, we have created a unique product that not only makes plug & play automation possible but is already in use worldwide after just a few weeks. Thanks to our software platform, the MalocherBot can automate common manual processes in logistics and metalworking in just a few hours. With our online platform, we have proven that the search and selection for automation can be made easier, faster, and better. With the MalocherBot, we are now showing that every factory in the world can use robotics and automation,” says Mladen Milicevic, Co-Founder of Unchained Robotics. Unchained Robotics is an independent platform that enables anyone to find the right automation technology for their company’s manufacturing processes. In addition to individually configurable solutions, the Paderborn-based start-up also offers complete solutions that are already being used worldwide and have now attracted global interest. This creates offers that are also financially affordable for SMEs and can be easily implemented in the production process.
Robotics as an innovation booster for the global economy
Robotics and automation technology is one of the key technologies for the German, European, and global economies to remain competitive in the future. Robotics can provide support and compensate for the lack of skilled workers. According to a study by Stepstone (Workerlessness), up to 3.7 million people will leave the labor market by 2030 in Germany alone. According to 69% of top managers, consistent automation will help to compensate for this loss. Simple, manual tasks will be reduced in the future so that employees can take on other tasks and new job categories will emerge. For German SMEs in particular, the use of automation technology is often still too high a barrier to entry. Unchained Robotics wants to change this with its simple, transparent, and independent automation solution.
The Paderborn-based start-up is receiving support from an international consortium. The round was led by Future Industry Ventures, a joint venture between SBI Holdings and Redstone. Moritz Schwarz: “Unchained Robotics impressed us with their understanding of SMEs and their development in recent years. Their automation platform and the MalocherBot clearly show the way toward the democratization of automation. With a global customer network, the company has impressively demonstrated that it is able to help companies in the long term.”
