Regensburg, Dec. 21, 2022 – German technology company Innok Robotics, a developer and manufacturer of Autonomous Mobile Robots (AMR) that can also be used outdoors, has brought a new investor on board. Entrepreneur Heinz Ferchau, founder of Ferchau Engineering, one of Germany’s largest engineering service providers, has provided Innok Robotics with €4 million in equity in a funding round, taking a significant stake in the company.
The total volume of the funding round, which closed this week amounts to EUR 5 million. In addition to Mr Ferchau, other new and existing investors participated in the financing, including the German mid-market investor Prolimity Capital Partners. Prolimity first invested in Innok Robotics in September 2021 and continues to hold a majority stake after the funding round together with the company founders.
The investment in Innok Robotics is Heinz Ferchau’s first private investment in a scale-up company. “The quality and the business opportunities of the technology Innok Robotics is developing are extremely compelling. I was particularly impressed by the outdoor capabilities of Innok Robotics’ AMRs, which I have not seen anywhere else,” says Heinz Ferchau. “In addition, Innok Robotics is a highly dynamic company with very capable hardware and software engineers working there. This is ‘German Engineering at its best’, and I am pleased to be able to support Innok Robotics in its global conquest of the rapidly growing AMR market.”