04/04/2024
📣 Announcing a $7.85 million funding round 🎊
Typically, at Okibo our primary focus is developing the most advanced robot within its category (see below 😀), prioritizing technical excellence over PR and marketing efforts. However, we're departing from this norm to announce our latest funding round, which has been co-led by BitStone Capital and Shadow Ventures.
The $7.85 million funding round, also supported by existing investors Built-in Tech Pi Labs and NOVA by Saint-Gobain, marks a significant milestone in our journey. This investment will power our expansion into Europe and facilitate the launch of our operations in the US. Additionally, it will enable us to introduce innovative robotic applications aimed at addressing the labor challenges faced by construction teams. We're excited to welcome DAW SE as a strategic investor with whom we've been collaborating for over two years in the DACH region.
🚀 Exciting times! As a robotics company specializing in construction applications, We're thrilled about the journey ahead. Together with our investors and incredible team, we're gearing up to unleash our innovative robot into the market 🏗
Now, back to work!
Painting application (With Züblin Strabag)