June 11 (Reuters) – Theker, a Barcelona-based AI robotics company, has raised $85 million in a fundraising round, it said on Thursday, highlighting ongoing growth in the Spanish tech sector. • Theker says it develops robots which use AI to perform various tasks in industrial environments. • The fundraising round was led by venture capital […]
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AI robotics company Theker raises $85 million from investors including LVMH
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June 11 (Reuters) – Theker, a Barcelona-based AI robotics company, has raised $85 million in a fundraising round, it said on Thursday, highlighting ongoing growth in the Spanish tech sector.
• Theker says it develops robots which use AI to perform various tasks in industrial environments.
• The fundraising round was led by venture capital firm CRV, while other companies involved included Samsung and luxury goods company LVMH.
• The fundraising for Theker comes a few months after Amazon said it would invest a further €18 billion ($20.7 billion) in Spain to expand its data centres and boost AI innovation.
($1 = 0.8681 euros)
(Reporting by Sudip Kar-Gupta; Editing by Jan Harvey)