NATO Fund Backs German Startup Making Self-Driving Battlefield Robots
ARX Robotics is the second startup to publicly disclose support from the €1 billion NATO Innovation Fund.
Munich-based startup ARX makes three models of its Gereon unmanned ground vehicle.
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NATO’s €1 billion ($1.1 billion) technology fund backed a German company that makes self-driving robots for militaries, its second public investment into a startup.
Munich-based ARX Robotics raised €9 million in seed financing, with over half coming from the NATO Innovation Fund, or NIF, the company announced on Monday. Germany’s Project A Ventures and Discovery Ventures also supported the round.