Robo Technologies GmbH
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Robo Technologies GmbH - overview
Established
2013
Location
Vienna, -, Austria
Primary Industry
Consumer Products
About
Robo Technologies GmbH develops innovative educational robotics kits that enhance children's learning in technology and coding, creating engaging hands-on experiences for kids. Founded in 2013, Robo Technologies GmbH operates from its headquarters in Vienna, Austria, focusing on educational robotics. The company has successfully completed six deals, with the most recent funding round occurring in April 2018. This round, led by SOSV, raised USD 1.
2 mn, bringing the total amount raised to USD 1. 2 mn. The CEO, Anna 🇺🇦, has played a crucial role in steering the company towards its educational technology mission. Robo Wunderkind specializes in innovative educational tools designed to enhance children’s learning experiences both at home and in school.
The company’s core product offerings include robotic kits that allow users to build and program robots using color-coded building blocks, promoting engagement in technology and coding. These kits are complemented by the Robo Wunderkind App, where children can connect their creations and interact with them through three distinct coding levels: Live, Code, and Blockly. The offerings target a diverse client base, including educators, parents, and institutions, aiming to facilitate hands-on learning experiences for children aged 5 and up. Robo Wunderkind's products are marketed primarily in Europe, North America, and select regions in Asia, providing accessibility to families and educational institutions interested in STEM education.
Robo Wunderkind generates revenue through direct sales of its robotic kits and subscription accessibility to the Robo Wunderkind App. The company facilitates transactions primarily through a direct-to-consumer model, with sales occurring via its website and authorized educational resellers. Clients can purchase individual kits or opt for bundled packages that include various educational resources. The pricing structure reflects the comprehensive nature of their offerings, with flagship products designed to cater to different age groups and skill levels, ensuring a tailored learning experience.
Additional revenue streams may include partnerships with educational institutions seeking to integrate Robo Wunderkind’s curriculum and resources into their programming. In April 2018, Robo Technologies, Inc. secured USD 1. 2 mn in venture funding led by SOSV, with the intention of enhancing their product line.
The company is working on new robotic kits aimed at further engaging children in STEM activities, with a release expected in late 2022. Additionally, Robo Wunderkind plans to expand its market presence into Asia and the Middle East by 2023, leveraging recent funding to support product development and market entry efforts.
Current Investors
SOSV, HAX, aws Austria Wirtschaftsservice Gesellschaft
Primary Industry
Consumer Products
Sub Industries
Consumer Electronics, Education & Training Software
Website
www.robowunderkind.com
Verticals
E-commerce, EdTech, Mobile Apps, Robotics
Company Stage
Angel & Seed
Total Amount Raised
Subscriber access only

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