German Kinematics produces Tinkerbots, robot-based toys and LEGO-compatible robotics kits designed for children from age six. The company develops and manufactures its kits at a Bernau location, employing a staff of 25. Its products aim to teach children playful interaction with robotics, technology and sensor systems. The firm says it will use new funding to further develop its robotics toy kits and to strengthen its presence in the retail toy sector. Management also plans to use the proceeds to open up further international markets. The article reports the company has raised €2.5 million from public and private investors.

Total raised

$3M

Funding rounds

1

Latest round

Equity

Latest activity

Dec 2016