Garching b. München, GERMANY. KEWAZO, Munich construction robotics startup raises a € 2.5 million further financial round and strengthens its management team with high-caliber industry experts.
The financial round was led by MIG AG – one of the major German-based venture capital firms, which was also leading the Seed round investment last year. With the total amount of funding of € 3.6 million up to date, KEWAZO aims to obtain certification of the product and to release the first batch of the series product “Liftbot” to the market.
Alongside with experienced investors, KEWAZO is benefiting of two highly qualified members joining the team - Uwe Braun (formerly a managing director of Losberger GmbH) and Helmut Kreller (formerly the managing director of Wilhelm Layher GmbH & Co. KG), bringing many years of experience from the construction and scaffolding industries.
