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AI Robot Startup Theker Completes $85 million Series A Funding Round, Led by CRV

BlockBeats News, June 12, Theker, an AI robot startup based in Barcelona, Spain, completed an $85 million Series A financing round, described by the company as the largest Series A financing in the history of the European robotics industry. The round was led by the U.S. venture capital firm CRV, with participation from Samsung Electronics, and Aglaé Ventures, an investment firm owned by LVMH Group Chairman Bernard Arnault.


Theker is dedicated to developing general-purpose industrial robots. Its product features a modular design that allows the robot to adapt to various scenarios such as package sorting, apparel packaging, and beverage handling by changing its robotic arms, grippers, and overall form, rather than being limited to a single task. Zara's parent company, Inditex, is one of its early investors.


Co-founder Carla Gómez Cano stated that the company's goal is not to remain at the pilot stage but to directly promote commercial deployment to logistics and operations departments. In addition to the retail sector, Theker also plans to further enter more complex industrial scenarios such as manufacturing.


Theker plans to expand in Europe, the United States, and Asia, and grow its technology, deployment, and sales teams. The company revealed that it has received over 15,000 job applications, and the number of employees is expected to increase to around 120 by the end of the year. The co-founder stated that the final scale of this financing round was twice the original plan, reinforcing the company's confidence in continuing to keep its headquarters in Barcelona.


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