RobCo passes $1 billion valuation as investors pile into physical AI

Key Summary

RobCo, a German robotics startup, has reached a valuation of over $1 billion after a secondary share sale, doubling its valuation from $500 million in January 2026. The $40 million sale, mainly through employee sales, was facilitated by investors including Cherry Ventures, European Tech Collective, Sequoia, and Lightspeed. This marks the company's unicorn status, with over 1,000 robots deployed to industrial customers, including BMW. The deal reflects the growing investment in physical AI, with robotics and physical AI startups raising $33.4 billion in the first half of 2026.