Smart Robotics, an intralogistics automation company, has secured €10 million in its Series A funding round, led by Rotterdamse Havendraken with participation from Innovation Industries and Ernij Next. This capital will fuel the company's European expansion and further development of its AI-driven control layer, which leverages a decade of accumulated real-world data for pick-and-place solutions. The funding aims to capitalize on the underpenetrated logistics automation market driven by e-commerce growth and labor shortages.
Amount: $10.0M