Germany’s ARX Robotics garners €31m in Series Around

German defence startup ARX Robotics has raised €31m ($35.2m) successful its Series A backing circular to beforehand autonomous defence systems.

The backing was led by German task superior money HV Capital, with contributions from Omnes Capital, the NATO Innovation Fund, Project A, and concern institution Heliad.

HV Capital spouse Fabian Gruner said: “ARX is impervious that Europe tin physique internationally applicable defence technology: modern, AI-native, and strategically sovereign.

“Their accelerated deployment crossed Europe is simply a testament to some the urgency and spot of their product.”

Founded successful 2022, ARX Robotics is processing unmanned crushed vehicles (UGVs) for defence applications.

Its Gereon-RCS bid and the AI-driven Mithra OS are designed to conscionable a assortment of subject needs portion ensuring a afloat European proviso chain.

ARX Robotics’ scalable, software-defined systems person been adopted by six European equipped forces.

With the caller capital, ARX Robotics plans to quintuple its accumulation capableness by 2025 to code increasing demand.

The institution besides plans to usage the proceeds to heighten its AI capabilities for smarter UGVs, grow into further European markets, and modernise much than 50,000 NATO vehicles with its technology.

ARX Robotics co-founder and CEO Marc Wietfeld said: “The request for modular, software-driven defence systems is increasing rapidly—and we’re gathering the institution that volition specify this class successful Europe.

“At the halfway of ARX Robotics is simply a wide mission: to physique the adjacent procreation of defence infrastructure done scalable robotics and software.

“This caller backing is an important milestone and catalyst that allows america to determination from palmy deployments to concern scale.”

ARX Robotics' caller enlargement efforts see opening an bureau successful London, UK and establishing a caller accumulation installation successful confederate England.

A strategical concern with Daimler Truck has besides been formed to co-develop next-generation subject mobility solutions.

NATO Innovation Fund Partner Chris O’Connor said: “We are arrogant of the tremendous advancement the ARX Robotics squad has made implicit the erstwhile year, including increasing their suite of products to code the bequest crushed fleet, expanding geographic scope and gathering a satellite people team.

“ARX Robotics has fielded the largest Western UGV fleet to Ukraine and we look guardant to continuing to enactment the institution arsenic it expands its scope crossed NATO nations.”

"Germany’s ARX Robotics garners €31m successful Series Around" was primitively created and published by Verdict, a GlobalData owned brand.