Mimic Robotics trains its AI via imitation learning using real-world demonstrations collected from operators wearing proprietary data-collection devices on factory floors, enabling robotic hands to reproduce and adapt human techniques.

The company’s pilots involve Fortune 500 manufacturers, automotive firms, and multinational logistics providers, alongside a team of engineers and operators.

Market figures point to a potential $38 billion humanoid and dexterous robotics market by 2035, within a broader robotics market of $200 billion to $1 trillion by 2040.

The funding round underscores booming European robotics investment, with expectations of sector growth beyond the prior year’s €761 million raised in 2024.

An investment aims to scale Mimic’s foundation AI model and its dexterous, humanoid-like hands to expand deployments in manufacturing, logistics, and other industrial sectors.

The company focuses on dexterous hands integrated with off-the-shelf robotic arms to achieve human-level dexterity with faster deployment in existing industrial setups.

Co-founders Elvis Nava (CTO) and Stefan Weirich (CEO) plus investors from Elaia and Speedinvest express optimism about Europe’s role in advancing physical AI and robotics.

Funding supports ongoing pilots with Fortune 500s, global automotive brands, and multinational logistics providers, signaling strong interest across manufacturing and logistics.

Earlier support includes non-dilutive funding from Switzerland’s federal innovation agency and participation in the AWS Generative AI Accelerator.

Mimic, founded in 2024 as an ETH Zurich spin-off, employs 25 engineers and researchers and is running pilots with major manufacturers and logistics firms.

Investors highlight Europe’s engineering strength and the potential of combining robotic hardware with foundation AI models and unique data acquisition to unlock automation opportunities.

Executives from funding partners stress Europe’s potential leadership in AI-driven robotics and the billion-dollar impact of enabling dexterous automation on factory floors.