A robotics company based in Barcelona that specializes in artificial intelligence technology announced Thursday it has successfully secured $85 million through a new investment round, demonstrating continued momentum in Spain’s expanding technology industry.
The company, Theker, focuses on creating robotic systems that utilize artificial intelligence to carry out different functions within industrial settings.
Venture capital firm CRV spearheaded the investment round, with participation from major corporations including Samsung and luxury brand conglomerate LVMH.
This significant funding announcement follows Amazon’s earlier commitment to invest an additional €18 billion ($20.7 billion) in Spain just months ago, aimed at expanding data center operations and advancing artificial intelligence development.
