Toolify Robotics
Assembly Line
€1.6 million investment for XITO: Seed funding for easily accessible robotics
The start-up Toolify Robotics, founded by the three robotics experts Dr. Dennis Stampfer, Dr. Matthias Lutz and Dr. Alex Lotz, has convinced investors of its business model and completed its seed financing with a total of €1.6 million. “We will use the funds from this financing round to further accelerate our growth,” says Dr. Dennis Stampfer. “We plan to expand our innovative solution platform, hire new talent and strengthen our market presence.”
The aim of the Ulm-based startup is to develop further use cases to provide especially small and medium-sized companies with a path to automation. In addition to the existing investor High-Tech Gründerfonds (HTGF), the group of investors for the seed phase now consists of the start-up BW Seed Fund of the MBG Mittelständische Beteiligungsgesellschaft Baden-Württemberg GmbH, the investment companies of the Sparkasse Ulm and Biberach as well as the robotics solution provider AiCobot and combines the financing of Toolify with the prospect of facilitating and accelerating the integration of robotics in medium-sized manufacturing companies.
Toolify secures seed funding from HTGF to make robotics more accessible for SMEs
The Ulm-based start-up Toolify, founded by robotics experts Dr. Dennis Stampfer, Dr. Matthias Lutz, and Dr. Alex Lotz, has received seed funding from High-Tech Gründerfonds (HTGF). The company’s unique combination of an online marketplace and modular system, XITO, aims to make the complex world of robotics easily accessible..
Toolify’s XITO offers a solution to this challenge. The open, digital marketplace proposes tailored products for individual automation projects, helps with comparison, and enables online planning and a seamless transition to implementation. The user has the freedom to decide how much they want to handle themselves. XITO is already being used for tasks such as machine loading, assembly processes, gluing, pick & place, and palletizing.
Computer-on-Modules For Autonomous Intralogistics Vehicles
At Transpharm Logistik, however, the promotional products change frequently and come in different shapes, sizes and weights. Staff therefore have to pick them individually per recipient. Nevertheless, Transpharm Supply Chain Analyst Martin Zwiebel was tasked to optimize the pick and delivery process further. “Staff were using heavy, bulky carts to pick promotional products,” recounts Zwiebel. Equipped with tablets and supported in some cases by pick-by-light systems, they gathered the individual items from across the entire warehouse and then wheeled the cart with the complete pick to the packing department, where the promotional products were made ready for dispatch. “When looking for a faster and easier solution, it became apparent that a driverless transport system promised significant advantages,” the analyst continued. So, what was needed was an affordable robotic trolley that could autonomously find its way to the next storage bay following a predefined optimized route, and that would prove a constant and helpful companion to staff.