In a nutshell
- Catalyst Romania is announcing a €2M investment in ADAPTA Robotics, a Romanian robotics development company.
- This is the eighth investment from Catalyst Romania Fund II.
Expanding innovation across multiple industries
Romanian ADAPTA Robotic provides state-of-the-art solutions across various industries, including automotive, consumer electronics, medical, manufacturing, R&D, electronics refurbishment, wearables, and gaming.
The Bucharest, Romania-based company said it specializes in addressing challenges in settings where traditional automation has fallen short and in use cases that have been overlooked. ADAPTA’s model includes a one-time robot purchase fee, plus annual license and maintenance fees.
The company was founded in 2015 by the engineers Cristian Dobre, Diana Baicu and Mihai Craciunescu.
ADAPTA Robotics will receive a new €2M from Catalyst Romania, the fund announced. This round of investment also attracted the participation of business angel community, Women Invest in Tech (WIT).
The new investment will allow ADAPTA Robotics to enhance strategic partnerships with distributors. The company also plans to further customize its flagship MATT Robot, designed for both hardware and software testing, stress testing, and device functionality testing, to serve various industry verticals.
“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,” shared Alin Stanciu, Partner at Catalyst Romania.
MATT Robot capable of operating 24/7
ADAPTA Robotics’ technology aims to adapt to the requirements of each client, offering a level of flexibility. By combining advanced hardware, AI, and computer vision, ADAPTA delivers robots that can operate continuously around the clock. Their clients include Zebra Technologies, Ypsomed and Nissan.
“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.
ADAPTA Robotics launched its MVP, the MATT Robot, in 2017 after two years of Research & Development. This was followed by ERIS, a retail scanner designed to efficiently address on-shelf availability and pricing issues.
According to McKinsey & Company, the retail and consumer goods sectors are projected to be the largest spenders in industrial sectors over the next five years.
