Robotics and AI company Kewazo announced a new investment round that increased its total funding to $35 million. The latest round's investors included Chevron Technology Ventures, Asahi Kasei, Benson Capital, Mana Ventures, Gaingels and Atlas Ventures, alongside lead investor Schooner Capital and existing investors True Ventures and Cybernetix Ventures.
Based in Munich and Houston, Kewazo focuses on automating heavy industry. The company has deployed its lifting robot LIFTBOT at more than 20 industrial sites in North America and Europe to replace cranes and manual handling. Customers include refineries, petrochemical plants, chemical complexes and power facilities.
LIFTBOT deployments reportedly grant Kewazo access to high-barrier industrial environments, enabling it to collect structured operational data. This forms the foundation of the company’s Physical AI platform.
Kewazo expects the new capital to enable accelerated deployment capacity, additional workflow expansions and deepened integration within existing customer sites.
