The Swiss robotics company KEMARO has secured €4.2 million in the first phase of its Series B funding round. The pre-closing round totals $5 million and is led by Spicehaus Partner AG. The funds will support KEMARO’s push into the U.S. market and the expansion of its product range. The company specializes in industrial cleaning robots and aims to scale operations abroad after strong demand in Europe.
KEMARO’s latest funding follows a period of rapid growth in the industrial automation sector. The company reported increasing orders from manufacturing plants across Germany and France in the past year. Its robots are designed for high-precision cleaning in factories and warehouses, reducing labor costs and downtime.
The new capital will be used to open a U.S. office and hire local engineers. KEMARO plans to target food processing, pharmaceuticals, and automotive sectors first. The company’s CEO stated the funds will help meet rising demand for automated cleaning solutions in these industries.
Spicehaus Partner AG has backed several robotics startups in Europe. This investment marks its first in the industrial cleaning segment. The firm sees potential in KEMARO’s technology for global markets, particularly in North America where labor shortages are affecting industrial operations.
KEMARO did not disclose the total size of the Series B round. The company said additional investors will be announced before the final closing.
Source: eu-startups.com