Embotech

Artificial Intelligence · Autonomous Driving
$26.3Mlatest round · Venture round · Dec 2024 · 22 mo ago
2backers · BMW i Ventures, Emerald Technology Ventures
$2.7Mgrants · 2 grants · CORDIS
50+team · employees, estimated range

Overview

Embotech provides certified L4 autonomous driving solutions for automotive factories, ports and logistics centers. Our technology makes logistics more efficient, safer, and sustainable.

Funding and backers

Total raised
$26.3M
3 rounds on record
Latest round
$26.3M
Venture round · Dec 2024 · 22 mo ago
Team
51-200
employees, estimated range
Grants
$2.7M
2 grants · CORDIS
Backers
2
BMW i Ventures, Emerald Technology Ventures
The money's age
Due for its next round
22 months since the last round · not hiring
Momentum
0/100
no fresh signals
Last sign of life
1 mo ago
a posting or a news item
The story so fareach stage dated by its source: the company's releases, the press, registers, filings
Jul 6 Partnership HTEC and Embotech Partner to Scale Deployment of Autonomous Driving Solutions for Industrial Logistics · tallahassee.com Jan 28, 2025 Partnership Embotech Collaborates with Outsight and Hesai to Power Technology for Automated Vehicle Marshalling (AVM) Systems · PRNewswire Dec 12, 2024 Raised a round Venture round $26.3M · YahooFinance Sep 1, 2019 Won a grant $2.7M · CORDIS Dec 1, 2018 Won a grant $54k · CORDIS 2013 Founded
Funding rounds
RoundDateAmountInvestorsSource
Venture round Dec 2024 $26.3M — YahooFinance
Grant Sep 2019 $2.7M — CORDIS
Grant Dec 2018 $54k — CORDIS
Backed byfrom the funds' portfolios and accelerator catalogs
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Financials

Total raised
$29.1M
Latest round
Venture - Series Unknown
Funding rounds
3
Funding rounds
Round Announced Amount
Venture - Series Unknown 2024 $26.3M Details
Grant 2019 $2.7M Details
Grant 2018 $54k Details

Connections

List
Graph
Found in company registers, site code, DNS and hiring. Each connection shows how sure we are and the evidence, with its source and date.
Shared investors2
62 portfolio companies: xFarm Technologies, Xampla, Waterly and 59 more
BMW i VenturesVia a fund
83 portfolio companies: Zum, BMW Group, Prescalar and 80 more

News

Press release PRNewswire 1 year ago
Embotech Collaborates with Outsight and Hesai to Power Technology for Automated Vehicle Marshalling (AVM) Systems
/PRNewswire/ -- Hesai Technology (Nasdaq: HSAI), Outsight, and Embotech AG announce a strategic collaboration to deliver cutting-edge lidar technology and...
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News Pulse 2.0 2 years ago
Embotech: CHF 23.5 Million Raised For Expanding Autonomous Driving Solutions
Embotech, an innovator in autonomous driving solutions for industrial logistics, announced it has received 23.5 million CHF (about $27 million) in Series B funding to help the company scale its Automated Vehicle Marshalling (AVM) and Autonomous Terminal T
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News YahooFinance 2 years ago
Embotech Receives CHF 23.5 M in Funding to Expand Autonomous Driving Solutions for Logistics in Europe and Beyond
New funding from Emerald Technology Ventures, Yttrium, BMW i Ventures, Nabtesco Technology Ventures, Sustainable Forward Capital Fund, and RKK VC to support growth of logistics automation solutions Automated Driving New BMW vehicles are guided along a one
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Offices

Where the company hires and what each office is for
Cities
1
Hiring now
0
Countries
1
Munich Germany
HQ
Deep tech company with global footprint
50-200 est. staff
80992 Munich / Germany
company site