Driven by the massive labor shortages happening across Europe, Roman Hölzl launched Robco to automate tasks for the industrial manufacturing industry. The Munich-based robotics company designs low-cost robots for small and mid-sized businesses, allowing them to automate repetitive manual worker tasks, such as laser engraving or palletizing. Its robots are able to perform a large variety of tasks on the factory floor, saving time and money for users. “At Robco we automate those jobs in the manufacturing sector that won’t be there anymore in a couple of years,” says Hölzl. The startup has secured $18.5 million in funding from venture firms including Sequoia Capital and angel investors, such as billionaire founder of UiPath Daniel Dines.
Even a difficult year marred by the ongoing war in Ukraine, a pressing energy crisis, rocketing inflation and a barrage of natural disasters couldn’t slow down Europe’s youngest visionary leaders. In a historically tough environment, the 300 founders and entrepreneurs featured on our 2023 Forbes Under 30 Europe list raised more than $3 billion in capital—$1 billion more than our 2022 class. Europe’s brightest founders are putting the cash to work, building bold companies that are out to combat climate change, fight fraud, reinvent the banking industry and better treat infections.
To compile our eighth annual list, Forbes writers and editors combed through thousands of online submissions, and tapped industry experts and list alumni for recommendations. Candidates were evaluated by Forbes staff and a panel of independent, expert judges (including beauty entrepreneur and Bliss Spa founder Marcia Kilgore, musician Joy Crookes and Zepz, formerly WorldRemit, founder Ismail Ahmed) on a variety of factors, including (but not limited to) funding, revenue, social impact, scale, inventiveness and potential. All final listers must have been 29 or younger as of March 7, 2023.
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