European Investment Bank Backs Comau with €50 Million for Robotics and Automation R&D

• The European Investment Bank signed a €50 million loan with Comau to advance R&D in robotics, automation, and digital technologies.
• The funding, part of the InvestEU-backed TechEU initiative, will support projects in Italy and France from 2025 to 2028.

The European Investment Bank (EIB) is putting €50 million behind Comau, a Turin-based robotics and automation company. The money will go toward developing new technologies in robotics, machine tools, automation, and digital systems for industries ranging from battery production to aerospace, construction, and logistics.

The initiative is supported by InvestEU and aligned with the EIB Group’s TechEU programme, which aims to mobilise €250 billion over three years to boost innovation across Europe. The projects will primarily be carried out in Comau’s facilities in Turin and Bari, with some activity in France. A significant focus will be on renewable energy applications and battery recycling technologies.

In the announcement, Comau CEO Pietro Gorlier said the funding will help the company develop sustainable automation technologies. The EIB added that the investment will boost industrial competitiveness and support Europe’s move toward a digital, sustainable economy.

"Comau constantly invests in the development of innovative competencies and technologies. These are a key driver for the growth of the European manufacturing system, enabling companies to compete globally in sectors of particular importance to the present and future of industry, such as batteries, aerospace, construction, logistics and renewable energy," noted Pietro Gorlier, CEO of Comau. "The support of the European Investment Bank gives us greater strength to pursue our sustainable development strategy, aimed at designing and producing advanced automation solutions that enable us to meet the challenges of a market marked by profound uncertainty and rapid technological transformation."

The funding announcement follows Comau's expansion of its collaborative robotics offering with the launch of MyCo, a family of six cobots built to support safe and efficient human-robot collaboration across a range of sectors.

🌀 Tom’s Take:

The EU is putting money behind Comau to speed up its work in robotics and automation. It’s a direct move to boost Europe’s industrial strength in areas like batteries, energy, and manufacturing.

Source: European Investment Bank