Barcelona AI Robotics Firm Theker Secures $85 Million in Major Funding Round
Theker's Fundraising Success and Industry Impact
Overview of Theker's Achievement
June 11 (Reuters) - Theker, a Barcelona-based AI robotics company, has raised $85 million in a fundraising round, it said on Thursday, highlighting ongoing growth in the Spanish tech sector.
Theker's Core Technology
• Theker says it develops robots which use AI to perform various tasks in industrial environments.
Key Investors in the Funding Round
• The fundraising round was led by venture capital firm CRV, while other companies involved included Samsung and luxury goods company LVMH.
Context: AI Investment in Spain
Recent Major Investments
• The fundraising for Theker comes a few months after Amazon said it would invest a further €18 billion ($20.7 billion) in Spain to expand its data centres and boost AI innovation.
Exchange Rate Reference
($1 = 0.8681 euros)
Article Credits
(Reporting by Sudip Kar-Gupta; Editing by Jan Harvey)


