Munich-based industrial automation and deep tech start-up sewts closed a €7m series A financing round with an impressive set of top tier investors on board. The funding round was led by Emerald Technology Ventures, CNB Capital, EquityPitcher Ventures and Nabtesco Technology Venture as new investors. sewts also received further contributions from existing shareholders Bayern Kapital, APEX Ventures and HTGF. With the new funding sewts will accelerate the roll-out of the sewts.VELUM systems across … [Read more...] about sewts Raises €7M to Shape the Future of Robotics and Automation in the Textile Industry
June - Trade Fair Month (Part 2) After visiting the ITMA at the beginning of June, the month ended with a completely different type of trade fair: showcased that it’s still the predominating event connecting robotics, assembly technology, machine vision and digital solution experts. This year, automatica counted 30,000 visitors from > 88 countries and 570 international exhibitors. Every year robotic companies from all over the world use automatica as their chance to present … [Read more...] about sewts at automatica – Small Booth, Incredible Impact!
June - Trade Fair Month (Part 1) ITM – What? The “International Textile Machinery Association exhibition”, short ITMA, is the worlds largest trade fair around textile and garment industry. Due to sewts’ longterm vision to “sew suitable suits”, our visit was a must-do. So we were very honored when the VDMA proposed us as exhibitor in the startup area. The ITMA takes place every four years and not only the frequency makes it comparable to the Olympic Games: Various players along … [Read more...] about Transforming the World of Textiles – sewts Goes ITMA