Q-BOT Ltd, a Wandsworth, London, UK-based developer of a robotics platform that can access, survey, evaluate and apply treatments in a wide range of industries and applications, received an investment from EcoMachines Incubator.
The amount of the deal was not disclosed.
The company intends to use the funds to continue to grow operations.
Started by Professor Peter Childs and Tom Lipinski, Q-BOT develops robots for the building and engineering industry, assisting human labour where there are significant cost or health and safety benefits. Their first application is in underfloor insulation for Victorian and early-20th century housing, which brings decreases in heat loss and improvements in comfort levels for residents. The platform can be extended to a range of other application in the building and infrastructure industries.
The company is funded through a combination of government grants, private investment and sales revenue, and has been supported by Climate-KIC, The Technology Strategy Board and The Department for Energy and Climate Change.
EcoMachines Incubator is a London, UK-based investment fund that backs early stage hardware companies, with a focus on energy, cleantech, resource efficiency and industrials. Companies receive initial investment as part of its Accelerator programme, which includes seed investment, mentorship, support in building industry partnerships. EcoMachines can also participate in Series A rounds.
FinSMEs
03/07/2014