German Robotics Startup RobCo Hits $1B Valuation, Expands US Operations

RobCo, a Munich-based robotics startup, reached a $1 billion valuation, with CEO Roman Hoelzl relocating to the US to target the faster-growing American market. The company will maintain German manufacturing while adding assembly in Austin, Texas, despite 70% of its business currently in Europe. This marks a strategic pivot toward the US market, reflecting broader European tech expansion into America.