Munich-based RobCo, which makes robotic arms and automation software, sells $40M of shares at a $1B valuation, up from ~$500M after raising $100M in January (Ben Dummett/Wall Street Journal)

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Ben Dummett / Wall Street Journal : Munich-based RobCo, which makes robotic arms and automation software, sells $40M of shares at a $1B valuation, up from ~$500M after raising $100M in January   —  German company aims to capitalize on growing demand for autonomous industrial robots  —  German robotics startup RobCo has sold shares …

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