Robotic startup Isochronic closes CHF2 million seed round

Isochronic developing highly innovative pick & place robots, closed its seed financing round. The funds will be used for product development as well as first industrial installations based on Isochronic’s technology.

Employing 14 people in Denges (Vaud), Isochronic develops a new type of industrial robot capable of simultaneous part transfer operations which is based on a novel type of kinematic. The company’s technology features multiple modular components: a central linear transfer beam which enables expanded pick & place transfer distances, as well as multiple sliders equipped with pick heads that operate in parallel, thus providing a significant boost in throughput, while delivering key customer benefits of space savings and modularity. Isochronic will be participating in the Automatica trade show in a couple of weeks in Munich (June 21-24th) where it will reveal its technology to the industry for the first time. 

The seed round was led by Serpentine Ventures and accompanied by Zurich Cantonal Bank, the Venture Kick foundation and several high-profile private investors. “We are proud to announce our investment in Isochronic AG and are looking forward to supporting Isochronic’s talented team. With its unique proprietary pick & place technology and pipeline of customer applications, Isochronic holds a compelling position to reshape several material handling processes in the manufacturing industry”, stated Dr. Guy Giuffredi, Investment Director at Serpentine Ventures.

“Serpentine Ventures’ funding underscores the significant potential of Isochronic’s technology to reinvent robotic pick&place applications in several industrial sectors. It is a critical inflection point for our company’s development and great recognition of our previous accomplishments, strengthening the motivation of our highly skilled and experienced team”, says Dr. Melvin Haas, CEO and Founder of Isochronic.

(Press release – ES)