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Coboworx
Robotic solutions for SMEs
- 21-100 employees
- B2B
- Robotics
- Bernkastel-Wittlich, Salmtal, Germany
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Company mission
To enable small and medium-sized companies to successfully harness the power of robotic solutions.
Our take
Implementing robots to enhance production line speed and efficiency can lower the costs tied to inventory and work-in-progress. But, for smaller companies, or those without expertise, it can be a difficult undertaking. Coboworx specialises in simplifying robotic automation for small and medium-sized enterprises (SMEs) - looking to make automation more easy to implement.
The product offering includes a modular and configurable robot system that can be deployed and adapted to various tasks such as palletising, welding and packaging. What sets Coboworx apart is its focus on reducing the complexity and costs associated with robotics. Its rental model allows companies to access advanced robotic solutions without significant upfront investments, making it less risky and more profitable from the start.
Coboworx has secured significant funding cited to expand its team, enhance product offerings and help it to enter new markets. Looking ahead, the company plans to open a new office in Munich and continue developing its modular system to further support SMEs in overcoming labor shortages and improving efficiency through automation.
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- Innovate Health Management - Extra budgets for solutions in the areas of prevention, body and mind
- Urban Sports Club Fitnesspaket - Enjoy flexibility in your exercise routine and keep fit
- Attractive holiday arrangements - Battery empty? Take your breaks! We need you in top shape
- Discount Program - Offers from major brands are waiting for you. Have fun discovering
- Team Events - Laugh, learn and grow together
- Flexible working hours - Every clock ticks differently: organise your work as it suits you best
- Hybrid working - Home office is possible for many positions and we welcome it
- High-End Equipment - We equip you with cutting-edge technology for maximum performance
Company values
- Transparency
- Teamwork
- Innovation
- Hands-on mentality
- Customer-centricity
- Independent work culture
Funding (2 rounds)
Jun 2024
$12m
EARLY VC
Sep 2021
$4.8m
EARLY VC
Total funding: $16.8m
Leadership
Olaf Gehrels
(CEO)Previously President and CEO for FANUC Europe, and General Manager of Midea Robotics Company for Midea Group (Fortune Global 500 Company).
Ralf Zeisberger
(CFO & General Manager)Also the Owner of RZ Ventures. Previously CFO of Europe for FANUC Robotics Europe.