GERMANY – Toolify, an Ulm, Germany-based robotics solutions provider, raised a Seed funding of undisclosed amount.
The round was led by High-Tech Gründerfonds.The company intends to use the funds to enhance product development and expand sales activities.Founded by Dr. Dennis Stampfer, Dr. Matthias Lutz, and Dr. Alex Lotz, Toolify provides XITO, a one-stop shop for individual automation solutions using robots, designed specifically for small and medium-sized enterprises, which automate repetitive activities in production, manufacturing, or warehousing. XITO is already being used for tasks such as machine loading, assembly processes, gluing, pick & place, and palletizing.20/03/2023
