Robotics startup RobCo valued at $1B+ in $40M funding round

What happened
Industrial automation startup RobCo Inc. today announced that it has closed a $40 million funding round. Most of the shares that changed hands were sold by current and former employees. The investor consortium that bought the equity included Sequoia, Lightspeed and several other startup funds. RobCo is now valued at more than $1 billion, double […] The post Robotics startup RobCo valued at $1B+ in $40M funding round…
Summary assembled by rule from the sources below