Toolify, an Ulm, Germany-based robotics solutions provider, raised a Seed funding of undisclosed amount.
The round was led by High-Tech Gründerfonds.
The company intends to use the funds to enhance product development and expand sales activities.
Founded by Dr. Dennis Stampfer, Dr. Matthias Lutz, and Dr. Alex Lotz, Toolify provides XITO, a one-stop shop for individual automation solutions using robots, designed specifically for small and medium-sized enterprises, which automate repetitive activities in production, manufacturing, or warehousing.
XITO is already being used for tasks such as machine loading, assembly processes, gluing, pick & place, and palletizing.
FinSMEs
20/03/2023