- 1 Octombrie 2024
Catalyst Romania invests €2 million in Adapta Robotics. The 8th investment from Fund II
This investment marks the eight investment from Catalyst Romania Fund II, reinforcing the Fund’s mission to drive growth and foster innovation within Romania’s and Central & Eastern Europe’s (CEE) tech ecosystems and beyond.
“From the moment we met the founding team of ADAPTA Robotics, we were impressed by their deep knowledge and passion for the robotics field. Even more notable was how they transformed that passion into a thriving business with real-world impact. We are confident that this investment will accelerate their growth and broaden their reach into new industries and verticals. ADAPTA Robotics is at the forefront of AI-powered robotics, and we are excited to support their journey as they continue to push the boundaries of innovation in this rapidly evolving industry.” — Alin Stanciu, Partner at Catalyst Romania.
ADAPTA Robotics has positioned itself as a key player in the rapidly growing robotics sector, delivering groundbreaking solutions to some of the world’s most prominent companies, such as Zebra Technologies, Ypsomed and Nissan. With over 50 robots successfully deployed to more than 30 clients, the company has demonstrated its ability to stand out in a highly competitive market.
What distinguishes ADAPTA Robotics is its emphasis on adaptability. Its technology can be customized to meet specific client needs, offering a level of flexibility that gives it a unique advantage over competitors offering more standardized solutions. By integrating cutting-edge hardware, artificial intelligence, and computer vision technologies, ADAPTA delivers robots with unparalleled accuracy and precision, capable of operating 24/7.
With support from RINF.tech and after two years of research and development, ADAPTA Robotics launched its MVP, the MATT Robot, in 2017, with the first commercial sale in 2020. The MATT Robot was followed by ERIS (Effective Retail Intelligent Scanner), designed to resolve on-shelf availability and price tag issues quickly and accurately in retail environments.
“We look at this investment with excitement and confidence in the new chapter that is about to begin for Adapta Robotics. Having Catalyst's vote of confidence is a validation of the hard work and breakthroughs we have achieved so far. With Catalyst's excellent track record and extensive experience, we look forward to building on this momentum and scale our operations, while continuing to improve our globally sold products.” Mihai Crăciunescu, CEO Adapta Robotics.
In addition to strengthening its sales and marketing teams, the €2 million investment from Catalyst Romania will enable ADAPTA Robotics to forge strategic partnerships with distributors and further customize its flagship MATT Robot to serve various industry verticals. The MATT Robot is versatile and designed for both hardware and software testing, stress testing, and device functionality testing.
This round of investment also attracted the participation of Women Invest in Tech (WIT), a business angel community dedicated to fostering diversity, empowerment, and innovation within the tech sector.