Robotics software company Wandelbots raises $84M Series C led by Insight Partners
Wandelbots’ no-code approach takes automation to the next level by allowing app experts to independently teach their bots and become bot experts without the need for coding skills. The company’s easy-to-use teaching solution – Wandelbots Teaching – removes the barrier to programming robots with easy-to-use software interfaces, and the hardware-independent software platform enables the same interface for all robots . By making robotics simple and accessible to application experts, Wandelbots makes it easy for companies large and small to work with robots in their workshops.
Wandelbots state-of-the-art platform is used by several leading robot manufacturers and OT system integrators. Universal Robots & Yaskawa’s robots at customers like BMW, VW, Fraunhofer, Schaeffler, Rotop, and Vitesco run on Wandelbots, and the company has partnered with systems integrators across Europeincluding Gibas, Alumotion, Heidenbluth and Sojka.
Wandelbots will use the new funding to open up its robotics software platform to automation solution providers and third-party developers to build a compelling developer community. The openness will allow developers to create their own robotic applications on top of a manufacturer-independent control plane. Wandelbots also plans to use the funding to scale its flagship education solution to support more bots, applications and regions around the world, expand its global footprint, accelerate hiring and to create marketing organizations in the United States and Asia.
Christian PiechnickCEO and co-founder of Wandelbots, said: “I am very proud to see Wandelbots’ mission become a reality. Our platform will help accelerate human-centered robotic solutions in industry. We look forward to working with Insight Partners and looking forward to seeing what developers create in the future based on our transformative technology.”
Philine HuizingPrincipal at Insight Partners, who will join the Wandelbots Board of Directors, says: “One of the biggest challenges we see in adopting robotics and increased automation, from a time, cost and talent perspective, is programming robots. Wandelbots dramatically streamlines robot programming. robots at OEMs and manufacturers using a platform approach. Their impressive manufacturing partnerships and strong technical team has made Wandelbots a benchmark in the industry. Wandelbots long-term vision is to be the plan control platform for the massively complex and fragmented robotics ecosystem. We look forward to partnering with the Wandelbots team as they continue to grow and realize their vision of democratizing the robotics market.”
About Wandebots
Wandelbots believe the world will change for good if people focus on their creativity and entrust robots with monotonous work. It claims, ‘Robots for the people’. The company’s mission is to enable everyone to work with robots. It offers the easiest to use robot programming solution, “Wandelbots Teaching”, and the unified Wandelbots development platform. Universal Robots & Yaskawa’s robots at customers like BMW, Bayer, VW, Fraunhofer, Schaeffler, Rotop and Vitesco run on Wandelbots. The company has partnered with leading OT system integrators in Europe such as Gibas, Alumotion, Heidenbluth and Sojka. Founded in 2017, Wandelbots today employs more than 140 people in 17 countries. Its headquarters are at Dresden, Germany. The company is funded by more than $123 Mio. by investors like Insight Partners, Microsoft, Next47 and 83North. For more information, visit www.wandelbots.com.
About Insight Partners
Insight Partners is a leading global venture capital and private equity firm that invests in high-growth technology and software companies that are driving transformative change in their industries. Founded in 1995, Insight Partners has invested in more than 400 companies worldwide and raised through a range of funds more than $30 billion in capital commitments. Insight’s mission is to find, fund, and work successfully with visionary executives, providing them with hands-on, hands-on software expertise to drive long-term success. Across its people and portfolio, Insight fosters a culture around the belief that ScaleUp businesses and growth create opportunity for everyone. For more information about Insight and all of its investments, visit www.insightpartners.com or follow us on Twitter @insightpartners.
SOURCEWandelbots
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