120ft raises €576,000 to develop humanoid-powered microfactories

120ft raises €576,000 to develop humanoid-powered microfactories

2 min read•Oct 23, 2026•
James Okafor
James Okafor

Swedish robotics startup 120ft has raised €576,000 in angel funding to develop humanoid-powered microfactories, first reported by Roboticsandautomationnews. The Stockholm-based company plans to operate modular factories that let consumer brands assemble products locally in smaller batches, instead of relying on large production runs and lengthy international supply chains, while paying per finished product.

Each factory is designed around three 40-foot containers for component preparation, assembly, inspection and packing; that layout gives 120ft its name. The system combines humanoid robots, AI, virtual production-line simulation and proprietary orchestration software.

Product designs, parts lists and quality requirements are converted into digital instructions so assembly processes can be tested virtually before production begins. 120ft says it reduced the time required to teach one end-to-end robot assembly skill from seven weeks in 2025 to seven hours in 2026; its target is seven minutes in 2027.

The company has demonstrated the system by using robots to assemble a lamp, including installing a cylinder lock, threading the bulb fitting and carrying out a functional test.

Founder and CEO Martin Willers said that at Transparent, they could spend months waiting for thousands of products to arrive before knowing which colour customers wanted most. He said smaller brands can tie up cash and make decisions about demand too early.

The funding came from 22 angel investors, including Sam Baker of Planet A. Baker said brands need tooling, software, quality control and operational systems alongside robots, and that 120ft brings those elements together as finished production customers can buy. The model sells finished production rather than robot ownership.

Funding will support 120ft’s software and factory infrastructure as it moves toward commercial production. Longer term, the company plans to extend the model to product repair, upgrades and remanufacturing.

Plug-in vehicles reach 32% of global registrations in September

Plug-in vehicles reached 32% of global registrations in September, first reported by Cleantechnica. Battery-electric vehicles accounted for 23% of registrations and set a record at 1.54 million, up 8% year over year, while plug-in hybrids fell 9%; year to date in 2026, BEVs were up 12% and PHEVs down 10%.

Global plug-in registrations rose 3% year over year to around 2.16 million in September, close to the all-time record of 2.17 million set last December.

Year to date, plug-in registrations were up 4% year over year: BEVs grew 12%, while PHEVs fell 10%. Their combined share for 2026 stood at 25%, with BEVs at 18% and PHEVs at 7%. The overall growth rate therefore hides a clear split between the two categories.

The Tesla Model Y led the model rankings with a record 165,000 registrations, up 17% year over year. Tesla Model 3 came second with 65,000, enough to move ahead of Geely Xingyuan and BYD Song despite a 4% annual decline.

BYD Song finished fourth at 54,519 registrations, up 19% and the fastest growth rate among the top five. An export push and the new-generation Ultra body helped lift the model.

At the make level, Tesla had a record 232,000 registrations, up 9% year over year. Toyota reached 61,332 for its fourth record in a row, finishing ahead of Volkswagen’s year-best 58,000 to become September’s best-selling legacy make.