Cognibotics, a Swedish deep-tech robotics company, has been selected for €6.5 million in blended finance from the European Innovation Council Accelerator under the Horizon Europe programme of the European Union. The funding includes a €2.5 million grant and €4 million in equity financing.
The funding will support the next stage of development and industrialisation of HKM1800, Cognibotics’ robot platform for logistics and manufacturing.
The breakthrough combines a new hybrid kinematic design with advanced motion control, making it possible to deliver delta-class speed with a 10 times larger workspace, while using around one-third less energy than traditional robots. [Read more…] about Cognibotics selected for €6.5 million in EU accelerator funding