New investment in Filics Series A
Sandwater is excited to announce our latest investment in Filics, a Munich-based robotics company.
Filics, developer of innovative solutions for autonomous load carrier handling, has successfully closed its funding round.In addition to Sandwater the new investors include Alven, F-LOG Ventures, and the Amazon Industrial Innovation Fund, alongside Bayern Kapital, business angels Andrei Danescu (founder and CEO of Dexory) and Helmut Schmid (CCO of Filics and former CEO of Agilox), and with continued participation from Capnamic and 10x Founders. The funds will mainly be used to expand product development and the robotics platform, as well as to internationalize the business model. Filics plans to make the Filics Unit, the innovative double runner system for automated pallet handling, available for floor block storage systems by the end of 2025 and to prepare for market entry in other European markets in 2026. "With the new financing round, we are taking the next big step in our growth strategy. Thanks to the strong support, we can further optimize and scale the technology. The trust of our investors is both a tailwind and an obligation," declares Gregor Kolls, co-founder and CEO of Filics.The founders started at the Technical University of Munich (TUM) and have been developing the technology since 2021.“The Filics technology offers not only substantial space efficiency but also a flexible, scalable path to automation of warehouses. For Sandwater, this represents a solution that can truly revolutionize how warehouses are run, requiring less building space, providing increased productivity and a smaller footprint form a genious neat hardware/software combo. We have been truly impressed by the team”, says Morten E. Iversen, partner at Sandwater.Link to full press release.