Berlin, June 12 2024 – YPOG advised Munich-based defense tech start-up ARX Robotics on its €9 million seed financing round. The round was led by the NATO Innovation Fund, with Project A Ventures and Discovery Ventures also participating.
To date, this is the largest seed financing round for a European start-up in the defense tech sector.
The NATO Innovation Fund, which was launched more than a year after the Russian invasion of Ukraine, supports start-ups in the defense, cyber security and related sectors.
ARX Robotics was founded in Munich in 2022 by Marc Wietfeld, Stefan Röbel and Maximilian Wied and is a manufacturer of scalable robotic systems for mass use in military and commercial applications.
The funding raised in the new financing round will be used to expand the team and increase production capacity in Europe. ARX Robotics aims to close the European gap in autonomous unmanned systems to protect troops during mission-critical tasks.
A YPOG team led by Frederik Gärtner already advised ARX Robotics on its pre-seed financing round.
Team
Dr. Frederik Gärtner (Lead, Transactions), Partner, Berlin
Dr. Jonas von Kalben (Transactions/FDI), Senior Associate, Berlin
Alexander Sekunde (Transactions/FDI), Senior Associate, Berlin
Dr. Malte Bergmann (Tax), Partner, Hamburg
Dr. Jacob Schreiber (Tax), Senior Associate, Hamburg
Dr. Benedikt Flöter ( IP/IT/Data Protection), Associated Partner, Berlin
About ARX Robotics
ARX Robotics is a German venture capital-financed start-up in the field of defense tech. The dual-use robotics company develops autonomous unmanned ground systems with scalable hardware components and software architectures. With its innovative, modular platforms, ARX Robotics leverages the transformative potential of robotics to reshape opportunities in productivity, efficiency, and safety for various industries. ARX Robotic’s systems are currently being deployed, procured, or tested by six European armed forces in the areas of reconnaissance, surveillance, transportation, CASEVAC, training and simulation.
For more information, visit arx-robotics.com.
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