Embotech (Series B)
Funding Details
Awarder
Inbox
Date Award
December 12, 2024
Vertical
Autonomous Driving Solutions
Funding URL
View Funding Page
Funding Amount
$27,000,000
Company Info
Traction
Embotech has secured multi-year contracts with BMW for its AVM solution in six factories and is set to deploy 30 ATT units in the port of Rotterdam. The AVM system is already operational in BMW's Dingolfing and Leipzig plants, with plans for Spartanburg, South Carolina by the end of 2025.
Organizations Involved
BMW
Market
Logistics
Location
Zurich, Switzerland
Coinvestors
Emerald Technology Ventures, Yttrium, BMW i Ventures, Nabtesco Technology Ventures, Sustainable Forward Capital Fund, RKK VC
Company Description

Embotech is an IT consulting firm that provides autonomous driving solutions for industrial logistics applications.

Links
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