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BlockBeats News, June 12th — Theker, an AI robot startup based in Barcelona, Spain, completed an $85 million Series A funding round, which the company claims to be the largest Series A funding in the history of the European robotics industry. The round was led by the U.S. venture capital firm CRV, with participation from Samsung Electronics, and Aglaé Ventures, an investment firm under the chairman of LVMH Group, Bernard Arnault.
Theker is dedicated to developing general-purpose industrial robots. Its products feature a modular design that allows the interchange of robotic arms, grippers, and overall form to adapt to various scenarios such as package sorting, clothing packaging, and beverage handling, rather than being limited to a single task. Inditex, the parent company of Zara, is one of its early investors.
Co-founder Carla Gómez Cano stated that the company's goal is not to remain at the pilot stage but to directly drive commercial deployment towards logistics and operations departments. Apart from the retail sector, Theker also plans to further enter more complex industrial scenarios such as manufacturing.
Theker plans to expand in Europe, the U.S., and Asia, and increase the scale of its technology, deployment, and sales teams. The company revealed that it has received over 15,000 job applications, and the number of employees is expected to increase to around 120 by the end of the year. The co-founder stated that the actual size of this funding round ended up being double the initial plan, reinforcing the company's confidence in continuing to keep its headquarters in Barcelona.
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