Munich robotics startup Microagi raises $55m, Germany’s largest ever seed round

Sifted · 9 hours ago

Munich robotics startup Microagi raised $55 million in Germany's largest seed round to develop humanoid robots trained on factory and household task data. The funding was led by Hummingbird with participation from Northzone, LocalGlobe, Village Global and Redalpine, coming 10 months after the company's founding by former Formula 1 engineers. Microagi plans to deploy humanoid robots across European manufacturing and household sectors, with the CEO predicting robots capable of performing roughly 10 routine tasks autonomously within one year.