

Steute Technologies, backed by Battery Ventures, has acquired the industrial switching technology specialist and part of Kiepe Electric GmbH

In the EU-27, the robot density is 231, which is above the global average of 132.

Through the acquisition, the company aims to expand its range of warehouse logistics solutions and open up new market segments.

Digitalization and automation continue to drive mechanical engineering forward - and with them, the requirements for functional safety and cyber security are increasing. For automation engineers, this means that machine safety is becoming a holistic concept.

The aim is to strengthen edge AI solutions