Theker lands $85M Series A in record-breaking European robotics round

Theker, a Barcelona-based robotics startup building AI-native generalist robots for industrial environments, has closed an $85 million Series A round that it describes as the largest robotics Series A ever raised in Europe. The funding will support the development and deployment of Theker’s reconfigurable machines, whose arms, hands, and form factors can be adapted to different factory and logistics workflows, enabling the systems to handle varied tasks without being locked into a single-purpose setup.

The round was led by U.S. venture capital firm CRV and drew a wide group of strategic and financial backers. New investors include Samsung, LVMH’s investment arm (Aglaé Ventures), Cathay, 20VC, Henkel, Korelya, Sonae, Mercadona, Bright Pixel Capital and others, alongside returning supporters such as Inditex, Kfund, Kibo Ventures, Itnig, Mission and angel investor Carles Reina. Theker’s technology is aimed at large industrial and logistics operators that need robots able to adapt in real time to changing products, packaging, and environments, and the company plans to use the capital to scale deployments, deepen its AI and robotics stack, and expand its team. Public sources describing the round did not disclose a valuation figure for the transaction.