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New Deal


Announced

Completed

Insight Partners led an $84m Series C round in Wandelbots.

Financials

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Transaction Value£62m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Private Equity

Acquisition

deliver software and services

Minority

Cross Border

Completed

Friendly

Germany

Venture Capital

robotic process automation

Single Bidder

Auto Technology

Synopsis

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Insight Partners, a global venture capital and private equity firm investing in high-growth technology and software ScaleUp companies that are driving transformative change in their industries, led an $84m Series C round in Wandelbots, a robotic software company that is making industrial robots accessible for everyone, with participation from 83North, Microsoft, Next47, Paua, Atlantic Labs and EQT. "I'm very proud to see Wandelbots mission become a reality. Our platform will help to accelerate human-centred robotics solutions in the industry. We look forward to working with Insight Partners and can't wait to see what developers will create in the future based on our transformative technology," Christian Piechnick, Wandelbots CEO and Co-Founder.

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