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AI & ML

German robotics startup RobCo hits $1 billion valuation; CEO moves to US

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German robotics startup RobCo hits $1 billion valuation; CEO moves to US

German robotics maker RobCo announced a $1 billion valuation and its CEO Roman Holzl relocated to the United States to focus on the company's fastest-growing market. For deeptech builders, this signals that robotics and AI are hyperglobal—best talent and capital are concentrating in US hubs, and European founders are following.

Source: ET Tech ↗

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