Theker Secures $85M for Versatile Factory Robots
Theker, an AI robotics startup based in Barcelona, has raised $85 million in a Series A round it claims is the largest ever for a European robotics company. The funding, led by CRV with participation from Samsung and LVMH-linked Aglaé Ventures, will support the development of reconfigurable robots designed for diverse industrial tasks. Unlike specialized machines or humanoid robots, Theker's units can swap out components like hands and arms to handle jobs ranging from package sorting to warehouse packing.
Early backer Inditex, parent company of Zara, signals the startup's initial focus on retail logistics, but Theker aims to expand into heavier manufacturing. Co-founder Carla Gómez Cano emphasized that the robots are built for messy, real-world processes rather than repetitive single tasks. The company plans to open showrooms across Europe, the U.S., and Asia, and grow its team from dozens to up to 120 employees by year-end.
Gómez Cano noted that Theker bypasses pilot programs to work directly with operations teams, accelerating real-world deployment. The startup has received 15,000 job applications and raised double its initial target, reinforcing confidence in Barcelona's growing robotics ecosystem. Samsung is in advanced talks to become a customer, supplier, and investor simultaneously.
Source: TechCrunch AI