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Home COUNTRY DACH

Zurich-based ANYbotics secures €46M Series B round to conquer the industrial world with its four-legged workforce

EU Startupsby EU Startups
May 16, 2023
Reading Time: 3 mins read
in DACH, GREEN, VENTURE CAPITAL
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ANYbotics, a Swiss robotics pioneer, today announced a €46 million Series B funding round led by international deep tech investors Walden Catalyst and NGP Capital with participation from Bessemer Venture Partners, Aramco Ventures, Swisscom Ventures, Swisscanto Private Equity, and other existing investors. The funds will be used to scale deployments internationally, fuel the development of new capabilities, and solidify ANYbotics’ leading competitive position in robotic inspection solutions.

The investment comes as demand for robotic solutions surges in heavy industries such as oil & gas, chemicals, power, mining, metals & minerals, and utilities. Faced with an aging workforce and labor shortages, these industries increasingly rely on innovative robotics solutions to streamline operations, reduce environmental impact, and increase worker safety.

Founded in 2016, ANYbotics is a Swiss robotics company specializing in the development of advanced-legged robots for industrial inspection. Its flagship products, ANYmal and ANYmal X, are powered by cutting-edge artificial intelligence and provide unparalleled performance across multiple industries. 

ANYmal, the company’s groundbreaking robot platform, is both highly mobile and ruggedized for industrial use, a combination crucial for technology adoption and not seen in competitive offerings. ANYbotics’ end-to-end solution returns value in operational deployment and is used by international market leaders such as PETRONAS, Shell, SLB, Outokumpu, Siemens Energy, BASF, and Vale. 

For its ANYmal X platform, the world’s only Ex-proof legged inspection robot, ANYbotics has significant pre-orders and reservations for over $150M from global oil & gas and chemical companies participating in the product launch program. The additional funding aims to scale sales, delivery, and after-sales service globally to leverage the strong market traction.

“This funding validates our unique approach to addressing fundamental challenges of operating complex industrial facilities,” said Dr. Péter Fankhauser, Co-Founder and CEO of ANYbotics. “Our legged robots have already proven their value in increasing productivity and safety. With this investment, we will expand internationally and accelerate the development of our robots’ AI capabilities such as manipulation for maintenance work to revolutionize automated industrial operations.”

As the robotics industry evolves, ANYbotics’ close ties to leading robotics research from institutes such as ETH Zurich, University of Oxford, and NVIDIA have been instrumental in maintaining its cutting-edge technology and innovative solutions.

“We are thrilled to invest in ANYbotics, a pioneering technology originated at ETH Zurich that combines AI and Reinforcement Learning with robotics to create highly robust and autonomous four-legged robots,” says Young Sohn, Managing Partner at Walden Catalyst. 

“ANYbotics’ state-of-the-art technology coupled with a clear global value proposition is exciting – it enables humans to do what they do best and replace dangerous and repetitive tasks with a fully automated AI-powered robot,” says Christian Noske, Partner at NGP Capital. 

“At Bessemer Venture Partners, we firmly believe in the transformative potential of robotics companies like ANYbotics, which are not only redefining the market but also creating a significant positive impact on society,” says Alex Ferrara, Partner at Bessemer Venture Partners. 

Read the orginal article: https://www.eu-startups.com/2023/05/zurich-based-anybotics-secures-e46m-series-b-round-to-conquer-the-industrial-world-with-its-four-legged-workforce/

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June 6, 2023

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