EIT Digital-backed RoBoTec steps forward to transform agriculture with automated propagation system

In December last year, RoBoTec successfully completed a multi-million round of financing, led by a broad-portfolio family office from Baden-Württemberg, Germany and a leading global horticulture company that has been partnering with RoBoTec since 2019. The funding enabled the company to scale up RoBo®Cut for mass production.

The strong demand registered so far from international users of RoBo®Cut, bodes well for the uptake of a technology that can process orders fairly, efficiently, and locally. The startup is anticipating strong sales growth in 2024.

As Daniel Auriel, fundraising specialist at EIT Digital notes, "What is most compelling about Robotec is how their focused strategy puts multiple complex technologies together to address a clear and concrete market need. This is an excellent "market-pull" approach that can change how a vast segment of agriculture is managed for the better."

"RoBoTec is a prime example of how deep tech startups coming out of Europe can disrupt entire industries for the better. Their innovative RoBo®Cut system leverages cutting-edge AI and automation to enable more sustainable and localized food production. I'm excited to see the positive impacts this EIT Digital alumnus will have as they bring their revolutionary technology to market," the CEO of EIT Digital, Federico Menna, says.

The startup’s growth is testament to EIT Digital’s role in leading European-level initiatives that advance digital and deep tech innovation. In 2023, the organisation has already announced a new collaboration with the EIC and secured 11 new European projects as well as strategic partnerships with key stakeholders such as EBAN, Plug and Play and the X.2 programme.