Robotics software company Wandelbots has raised over US$84m (£62.7m) in a Series C financing round, which it will use to open its platform to automation solution providers and third-party developers creating a developer community.
Wandelbots said its no-code approach brings automation to the next level by enabling application experts to teach robots independently and become robot experts without the need for coding skills.
The company’s teaching solution – Wandelbots Teaching – aims to remove the barrier to programming robots with software interfaces, and the hardware-agnostic software platform allows for the same interface for all robots.
By making robotics simple and accessible, Wandelbots look to empower companies, large and small, to work easily with robots on shop floors.
Its platform is used by several leading robot-manufacturers and OT system integrators. Robots from Universal Robots and Yaskawa at customers like BMW, VW, Fraunhofer, Schaeffler, Rotop and Vitesco run on Wandelbots. The company has also partnered with system integrators across Europe, including Gibas, Alumotion, Heidenbluth and Sojka.
Christian Piechnick, CEO and co-founder of Wandelbots, said: “I’m very proud to see Wandelbots mission become a reality. Our platform will help to accelerate human-centred robotics solutions in the industry. We can’t wait to see what developers will create in the future based on our transformative technology.”
This latest funding round was led by New York-based global private equity and venture capital firm Insight Partners, with participation from existing investors 83North, Microsoft, Next47, Paua, Atlantic Labs and EQT.
Philine Huizing, principal at Insight Partners, who will join the Wandelbots board, added: “One of the largest challenges we see in the adoption of robotics and increased automation, from a time, cost, and talent perspective, is robot programming. Wandelbots dramatically streamlines robot programming across OEMs and manufacturers using a platform approach.
“Their impressive manufacturing partnerships and strong technical team have made Wandelbots a standout in the industry. Wandelbots’ long-term vision is to be the universal control plane for the massively complex and fragmented ecosystem of robotics. We look forward to partnering with the Wandelbots team as they continue to grow and realise their vision of democratising the robotics market.”
