Anybotics, a Switzerland-based industrial robotics spinout of ETH Zurich, has closed a CHF20m ($22.5m) series A round led by Swisscom Ventures, the corporate venturing arm of telecommunications firm Swisscom.
The round included investment management platform Ace & Company, venture capital firm EquityPitcher Ventures and undisclosed additional participants. Swisscom Ventures took part through its Digital Transformation Fund.
Founded in 2016, Anybotics has created a mobile robot called Anymal C for use in industrial inspections. It has four metal legs and can stay upright even on rugged industrial surfaces.
The robot moves around industrial facilities to collect data on safety and machinery risks using advanced sensor-driven software.
Alexander Schläpfer, partner at Swisscom Ventures, said: “What really got us excited is Anybotics’ cutting edge technology that has its roots in one of the world’s leading robotics labs at ETH Zurich.
“The team impressed me with their substantial traction with blue-chip customers with whom they have been able to engage in high-value use-cases.”
The original version of this article appeared on our sister site, Global University Venturing.