Robco says the US is a strategic priority and a major growth market for its industrial robots. German automation start-up Robco has raised $100m in a Series C round to advance its physical AI roadmap, expand enterprise deployments and accelerate its US market presence. The major funding round was led by Lightspeed Venture Partners and Lingotto Innovation – an arm of Exor – alongside participation from Sequoia Capital, Greenfield Partners, Kindred Capital, Leitmotif and the Friedkin Group. Robco raised $42.5m in a funding round in 2024, which was led by Lightspeed. “After leading Robco’s Series B, we’re excited to double down and co-lead this $100m round,” said the venture fund’s Alexander Schmitt.