Mega-Rounds in Robotics and Automation
European robotics companies captured the spotlight in today's funding announcements, with Barcelona-based Theker raising a record-breaking $85 million Series A round. The industrial robotics startup, which builds AI-native generalist robots for production environments, was backed by US VC CRV with participation from Samsung. The round represents what the company claims is the largest robotics Series A ever completed in Europe.
Meanwhile, San Francisco-based Base10 Partners closed two funds totaling $850 million specifically targeting real economy automation. The firm raised a seed and Series A fund alongside a Series B fund to invest in logistics, payroll, construction, and other automation sectors.
Growth-Stage Technology Raises
AI companies continued attracting significant capital, with Coram AI raising $35 million in Series B funding. The IIT Delhi alumnus co-founded company plans to use the fresh capital for AI product development, go-to-market expansion, and engineering presence growth in India.
Ethereal Machines secured $28.5 million in funding led by Avataar Ventures. The deeptech startup will deploy the capital toward expanding manufacturing capacity, software development, and global expansion initiatives.
Dublin-based CameraMatics raised up to $49 million for its AI-powered fleet intelligence platform. The investment from a consortium led by Blume Equity will support international expansion across the UK, Ireland, Europe, and the US.
Series A and Early-Stage Funding
Healthcare technology attracted multiple investments, with 4baseCare closing a $15 million (Rs 128 crore) Series B round for its precision oncology platform. The funds will accelerate global expansion and strengthen the company's genomics laboratory network.
Manam Chocolate raised $9 million in Series A funding led by Omnivore, with plans for retail expansion in the Delhi-NCR region. Polish SpaceTech company Sybilla Technologies secured over $8 million led by TCEE Fund IV for space monitoring solutions.
Seed and Pre-Seed Activity
Early-stage companies also saw significant funding activity. CardNexus, the French trading card game platform, raised $3.5 million in pre-seed funding led by Piton Capital. TurnUp secured $2 million to help healthcare providers reduce appointment no-shows, while OurMind raised $2.1 million for AI solutions targeting healthcare administrative burdens.
Enera raised $2 million led by Lakehouse Ventures for its AI-powered EV charging experience platform, and sunbay.io secured $550,000 from Kogito Ventures for invoice collection automation.
Fund Formation
Beyond individual company raises, Angel Invest closed its $40 million Fund III above target, continuing the Berlin-based firm's strategy of investing at angel, pre-seed, and seed stages across more than 110 portfolio companies.
Today's funding announcements reflect a clear investor preference for automation and AI-driven solutions across traditional industries. The concentration of capital in robotics, particularly with Theker's record European Series A and Base10's massive automation-focused funds, suggests venture capital is betting heavily on the industrialization of artificial intelligence. This trend indicates that 2026 may mark a pivotal year for AI moving from software applications into physical world automation.