Rocsys Launches Multi-Bay Robot Charger, Raises $13M
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- Rocsys launched the M1, the world’s first hands-free charging system capable of serving up to 10 bays via a single overhead-mounted robotic arm, enabling autonomous plug-in charging without human intervention.
- Rocsys raised a $13 million Series A extension, bringing total funding to $56 million, to support large-scale rollout of the M1 system across North America and Europe beginning in 2027.
- Rocsys claims the M1 achieves a 99.9%+ plug-in success rate using AI-enhanced computer vision trained on over six years of real-world data, and is interoperable across EV models, charger brands, and connector types.
- Rocsys says a 50-bay depot using M1 systems can achieve up to 75% higher operational efficiency and save up to $1.7 million annually by reducing labor needs and freeing floor space through multi-bay automation.
- Capricorn Partners led the $13 million investment round, with participation from Scania Invest, Forward.One, SEB Greentech Venture Capital, and Graduate Ventures, signaling cross-sector confidence in automated depot infrastructure.
- Rocsys has secured a major unnamed robotaxi operator deal, validating its technology for real-world, large-scale deployment, though the partner was not disclosed in the announcement.
Why it matters: Robotaxi operators face rising labor and space costs as fleets grow—Waymo already runs 3,000 vehicles needing multiple daily charges. Rocsys’ multi-bay system cuts the need for one robot per stall, saving up to $1.7M annually per depot while enabling retrofitting across existing EVs, making scalable autonomy viable beyond purpose-built models like Tesla’s Cybercab.
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