Cota Robotics raises 20M SEK for its in-store robot workforce
What's the deal? Swedish startup Cota RoboticsDealroom has a profile for this one. Try Dealroom → has raised over 20 million SEK (roughly $2.1 million) in an early-stage venture round for its AI-powered store robot. Founders Teo Rizvanovic and Kildo Alias aim to build a robot workforce that takes over the dullest tasks on the shop floor.
What's the endgame? The company wants its robots to replace the most tedious parts of in-store work. Its robot is already deployed in two stores.
Why now? Rizvanovic, who serves as chief executive officer, points to strong demand. "Interest from the customer side is really massive," he said (translated from Swedish).
The signal: At roughly $2.1 million, the round sits in the smaller tier of venture deals — near the 21st percentile by size — a reminder that early hardware startups often raise modest sums to prove commercial traction before scaling.
Read more: breakit.se
Image credit: cota
