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Global private equity fund makes large million kroner investment in OnRobot


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Details

The Danish robotics business OnRobot has secured a triple-digit million kroner investment from the global private equity fund Summit Partners. Summit Partners invests in OnRobot together with the Danish Growth Fund and OnRobot's CEO Enrico Krog Iversen.

OnRobot develops grippers for robot arms, and the company intends to use the capital injection primarily for acquiring similar businesses to secure OnRobot a position as a strong global player in end-of-arm tooling.

OnRobot was formed in 2015 and merged with Hungarian Optoforce and US Perception Robotics in 2018. Accura also provided legal assistance in that process.

Thomas Weincke, Kristian Lykkeholm Klausen and Jakob Malle-Egholm advised OnRobot on the investment.


Contact

Thomas Weincke
Thomas Weincke

Partner, Attorney-at-Law

Mobile: +45 3078 6678
thomas.weincke@accura.dk

Kristian Lykkeholm Klausen
Kristian Lykkeholm Klausen

Associate Partner, Attorney-at-Law

Mobile: +45 3078 5770
kristian.klausen@accura.dk