ARQIS has advised Munich-based Agile Robots AG and its subsidiary Agile Robots Hanover on the acquisition of the Yu cobot with all associated technology components in an asset deal, from Hanover-based voraus robotik.
voraus robotik is active in the field of software development of functional software for robot systems and had acquired essential assets of the insolvent YUANDA Robotics based in Hanover from its insolvency administrator. YUANDA had developed, produced and distributed the collaborative robot Yu. Now that voraus robotik wants to focus on the development of software for robots, Agile Robots has acquired the hardware as well as the software regarding firmware and functional safety, in particular all areas related to the development, production and distribution of the cobot Yu.
Agile Robots is a spin out from the Institute of Robotics and Mechatronics of the German Aerospace Center, Agile Robots has been developing robots for a wide range of applications from industrial manufacturing and logistics to medical robotics since 2018.
ARQIS has previously advised Agile Robots on several fundraising rounds.
