Shape Robotics Secures Multi-Million Funding to Expand Educational Robotics and STEAM Labs Globally

Shape Robotics A/S, the Danish educational technology and robotics company known for its STEAM labs, modular robots, and AI-enhanced learning ecosystems, has undertaken significant financing measures to support its growth and expansion strategy across Europe and beyond. The company, which is publicly listed on Nasdaq Copenhagen, has raised new capital through private placements and credit facilities to strengthen its balance sheet and fund its operations.

In March 2024, Shape Robotics announced a private placement of new shares to raise up to DKK 35.4 million in gross proceeds. Under the terms of the rights issue, the board approved the issuance of up to 1,011,653 new shares at a market-referenced price, aimed at supporting the company’s development and expansion plans, including working capital needs and execution pace. The private placement was strongly subscribed, and the share capital increase broadened Shape Robotics’ equity base and provided fresh resources for strategic initiatives.

In addition to equity financing, Shape Robotics secured new financing lines from banking partners to support delivery and operational efficiency. In June 2024, the company accessed an extension of financing available from its banking partner in Romania, BRD – Societe Generale, adding approximately 7.5 million RON (roughly €1.5 million) to its working capital capacity. This new financing builds on an earlier supply-chain financing mechanism and is intended to help the company scale up its production and delivery of educational robotics solutions to meet growing orders.

Shape Robotics also secured a substantial financing package from UniCredit Bank Romania, including an EUR 8.8 million credit facility consisting of revolving working capital, factoring facilities, and other credit lines activated in mid-2025. This package aligns with the company’s broader growth initiatives and reflects investor confidence in the scalability of its education-tech ecosystem. The UniCredit financing complements the equity and banking arrangements the company has pursued as part of its multi-faceted approach to funding.

These financing activities come amid strong operational momentum for Shape Robotics. The company has reported significant growth in key markets and increased adoption of its educational technology solutions. Through its TechDucator concept and Fable robots, Shape Robotics has now equipped more than 2,000 schools globally and sold thousands of units, reflecting rising demand for hands-on STEAM tools and AI-enabled labs in schools. The company has also expanded its global footprint through acquisitions such as the purchase of Sanako Oy, a provider of language learning technology, enabling Shape Robotics to offer a broader package of educational tools and enter markets such as Southeast Asia with significant orders.

Shape Robotics’ financing strategy underscores its commitment to ongoing market expansion and product innovation. The combination of equity funding, banking partner credit facilities, and strategic acquisitions gives the company a diversified funding base that supports both near-term operational needs and longer-term strategic objectives. Management has outlined ambitious goals for revenue growth and increased market penetration, particularly in large education markets such as Poland, where strategic framework agreements and public procurement initiatives funded by EU recovery programs are expected to generate substantial demand for advanced STEM and AI laboratories.

While the company continues to pursue strategic partnerships and financing options, its approach reflects a broader trend in the edtech and robotics sectors, where capital from both equity markets and traditional banking institutions plays a crucial role in enabling technology providers to scale rapidly and capture global opportunities. As Shape Robotics progresses through 2026, its financing and capitalization efforts are likely to remain central to the company’s ability to deliver innovative robotic learning solutions, expand international deployment, and strengthen its competitive position in the educational technology landscape.