RoboTwin
No-code robotics for manufacturing, enabling workers to teach robots through demonstration for efficient automation.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor investor investor | €0.0 | round | |
€2.2m | Grant | ||
| Total Funding | 000k | ||
| CZK | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | (99 %) | - | - | - |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
Related Content
RoboTwin, accessible at robotwin.cz, is a pioneering startup that bridges the gap between cutting-edge technology and practical industrial applications. The company specializes in developing hardware and software solutions aimed at automating various manufacturing processes. RoboTwin primarily serves enterprises in the manufacturing sector, helping them to streamline operations such as spray painting, powder coating, grinding, sanding, polishing, and general motion tasks.
Operating in the industrial automation market, RoboTwin addresses a significant pain point: the complexity and cost associated with traditional automation. Traditional methods often involve laying off skilled workers, high costs for programmers, slow returns on investment, and inefficient robot utilization. RoboTwin's innovative approach simplifies this process through "no-code" robotics, which allows workers to become robot instructors without needing programming skills.
The business model of RoboTwin revolves around providing easy-to-use robotic solutions that can be quickly implemented. Their system works by having a worker perform an operation on the first piece, which RoboTwin's technology records and uses to generate a program for the robot. This program enables the robot to complete the remaining pieces in the series autonomously. This method drastically reduces the time and resources required for automation, making it accessible and cost-effective for enterprises.
RoboTwin generates revenue through the sale of its robotic systems and software solutions. Additionally, they offer demonstrations and quotes to potential clients, which helps in converting leads into sales. The company has already assisted 10 enterprises in automating their operations and continues to grow, supported by various accolades and public funding.
In summary, RoboTwin is revolutionizing the manufacturing industry by making automation more accessible, efficient, and cost-effective. Their innovative no-code robotics solution empowers workers and enhances productivity.
Keywords: industrial automation, no-code robotics, manufacturing, hardware, software, cost-effective, efficiency, worker empowerment, automation solutions, RoboTwin.