Munich-based RobCo, which makes low-cost and modular robots that suit smaller factories, raised a $42.5M Series B led by Lightspeed Venture Partners (Amy Feldman/Forbes)

Amy Feldman / Forbes:

Munich-based RobCo, which makes low-cost and modular robots that suit smaller factories, raised a $42.5M Series B led by Lightspeed Venture Partners  —  Small- and medium-sized factories have lagged their larger counterparts on automation.  Munich’s RobCo sees a big opportunity there for its low-cost, modular robots.