Thursday · October 8, 2026

 ·  Daily  ·  Newsletters

Resonance network: Quantum InsiderSpace Insider

Sweden’s Cognibotics Selected for €6.5M in EIC Accelerator Funding

Fredrik Malmgren, CEO of Cognibotics. (Credit: Cognibotics)

Insider Brief

  • Cognibotics was selected for €6.5 million in blended finance from the European Innovation Council Accelerator to advance HKM1800, its industrial robot platform for logistics and manufacturing.
  • The funding, awarded under the Horizon Europe program, includes a €2.5 million grant and €4 million in equity financing to support development and industrialization of the platform.
  • Cognibotics said HKM1800 is designed to deliver delta-class speed across a workspace 10 times larger than traditional systems, use about one-third less energy than traditional robots and perform more than 2,000 picks an hour across a 10-square-meter workspace.

Cognibotics was selected for €6.5 million in blended finance from the European Innovation Council Accelerator to advance its industrial robot platform for logistics and manufacturing. The funding, awarded under the Horizon Europe program, includes a €2.5 million grant and €4 million in equity financing.

According to Cognibotics, the capital will support the next stage of development and industrialization of HKM1800, its robot platform for logistics and manufacturing.

The Swedish company noted that its HKM1800 combines a hybrid kinematic design with advanced motion control. Cognibotics said the platform is designed to deliver delta-class speed across a workspace 10 times larger than traditional systems, while using about one-third less energy than traditional robots.

“This is an important validation of both our technology and our direction as a company,” noted CEO Fredrik Malmgren. “The project is not only about bringing HKM1800 to market, but also about advancing the software and automation approach behind it. Together, this gives us a strong platform for scaling in logistics and manufacturing.”

HKM1800 is designed to reduce engineering work, speed commissioning and make advanced automation easier to scale, according to Cognibotics. The company said the platform can be installed quickly and perform more than 2,000 picks an hour across a 10-square-meter workspace.

Cognibotics is based in Lund, Sweden, and develops motion technology for industrial automation, including motion control, arm kinematics, real-time software, motion programming and motion intelligence.

Cognibotics was one of 38 companies selected in the EIC Accelerator’s June 2026 round, according to the EIC. The companies were chosen from 87 that reached the interview stage, with total proposed grant funding of €90 million across the cohort. About 84% of the companies are eligible for blended finance, while others received grant-only or equity-only support. The selected companies come from 16 EU and associated countries, with the largest groups from France, the United Kingdom, Germany, Sweden and Switzerland, and 21% are led by women in senior roles such as CEO, CTO or CSO.

Greg Bock
About the author
Greg Bock

Greg Bock is an award-winning investigative journalist with more than 25 years of experience in print, digital, and broadcast news. His reporting has spanned crime, politics, business and technology, earning multiple Keystone Awards and a Pennsylvania Association of Broadcasters honors. Through the Associated Press and Nexstar Media Group, his coverage has reached audiences across the United States.

Trending today

Physical AI

Multiply Labs Raises $75M in Series B Funding to Expand Robotic Drug Manufacturing

Business & Markets

Robo.ai Reports More Than $100M in September Revenue, Forecasts About $600M for 2026

Business & Markets

Deepslate Secures €7.7M Seed Funding to Build European Speech-to-Speech AI Models

An American flag with white stars on a blue field above red and white stripes
Policy & Government · AI Safety

Trump Forms Super Intelligence Force as Reports Detail Grok’s Role in White House Decisions

Business & Markets

Lambda Closes $1B Investment-Grade Loan to Expand GPU Infrastructure

The AI economy, every weekday morning

The daily briefing on LinkedIn. Free, one tap to follow.

Exclusives

Exclusive

South Korea’s AI G3 Strategy: Decoded

Scale-ups to Watch

10 Switzerland-Based AI Scale-Ups You Need to Know in 2026

network, blockchain, digital, hand, web, community, artificial, intelligence, steering, interfaces, bokeh, future, digitization, transformation, change, blockchain, blockchain, blockchain, blockchain, blockchain, transformation
Exclusive

Why Crypto Could Be AI’s Payment Layer: BlackRock Sees Stablecoins Connecting Commerce and Compute

AI Predictions
Exclusive

Why AI Predictions Often Get The Technology Right But The Timeline Wrong

Scale-ups to Watch

10 CEE & Baltics-Based AI Scale-Ups You Need to Know in 2026

More in Technology & Infrastructure

Latest from the same section
a blurry photo of a colorful object
Technology & Infrastructure · Data centres & compute

Google Sends Its First TPU Into Orbit to Test Space-Based AI Compute

2 days ago
Technology & Infrastructure · Data centres & compute

AWS Drops Data Center NDAs and Open Sources a Jev-Style AI Decision Model

2 days ago
Business & Markets · Startups

Seligman Ventures Doubles Deployable Capital to $1B to Back AI Infrastructure Startups

29 Sep 2026
Technology & Infrastructure · Data centres & compute

Crusoe Ends $1.25B Turbine Deal With Boom Supersonic for AI Data Centers

29 Sep 2026

The AI economy, every weekday morning

The daily briefing plus the weekly Scale-ups to watch edition. Free, no spam, unsubscribe any time.