Synapticon GmbH, a Schönaich, Germany-based robot manufacturing tech company, closed a high single-digit million amount financing round.
Backers included the family office of a renowned German entrepreneurial family, and 7-Industries.
The company intends to use the funds to hire new people, expand its research & development efforts, and grow its subsidiary in Asia.
Led by CEO and co-founder Nikolai Ensslen, Synapticon is a technology supplier for robot manufacturers. Its main product line – SOMANET – working in the area of robotic motion control – has recently started to offer ACTILINK solutions for machine and special machine construction as well as for manufacturers of automation platforms. ACTILINK builds on the experience gained by the company with its solutions for integrated motion axes, which are already offered in the robotics and automated guided vehicle systems sectors. These customized, fully integrated drive axes combine all components, including gear reduction, and remove the hurdles associated with the development of actuators in robotic applications.
With locations in Germany, Eastern Europe, the USA and China, the company now has an international presence and plans to further expand its subsidiary in Asia.