KEWAZO’s latest funding round, backed by Chevron Technology Ventures, Asahi Kasei and led by Schooner Capital, was picked up by major financial, construction and robotics media outlets within days of the announcement.

The coverage spanned finance platforms like Axios, Yahoo Finance and Morningstar, top construction publications like Engineering News-Record, and robotics industry media including The Robot Report, Robotics & Automation News and Robotics 24/7. German outlets Munich Startup and Finanznachrichten.de also reported on the round, where KEWAZO has been part of the local startup scene since its founding as a TUM spinoff.

Robots on industrial sites are not yet a commodity - but the shift has started

A few years ago, bringing a robot to a refinery would draw skeptical looks. Today, everyone is talking about robotics in heavy industry, but only a few actually have them in operations.

The labor shortage continues to worsen, forcing operators to do more with fewer people while raising the safety bar. At the same time, interest in physical AI and robotics is accelerating. The shift has started.

We are proud to be driving this change. With backing from Schooner Capital, Chevron Technology Ventures, Asahi Kasei, and Benson Capital, and deployments with leading asset owners and service providers in Europe and North America, we are building the foundation for robotics in heavy industry. Read the full announcement about the financial round here.

About LIFTBOT - the robot behind the funding

KEWAZO’s LIFTBOT is a battery-powered material lifting robot that replaces cranes and manual handling during maintenance, turnarounds, and capital projects. It is already deployed across some of the largest industrial sites in North America and Europe, where it improves safety, reduces costs, and keeps projects on schedule.