Cambridge Enterprise

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RoboK raises $2.1m to boost industrial safety & efficiency

📅 Date:

🔖 Topics: Funding Event

🏢 Organizations: RoboK, Cambridge Enterprise

RoboK, a startup applying AI-powered computer vision to logistics & industrial workplaces, has announced $2.1 million in funding, making it $4 million to date, for accelerating commercial expansion.

The company is on a mission to deliver significant value to customers and unlock the often-overlooked potential of their existing industrial CCTV cameras. This is achieved with their proprietary computer vision solutions that are privacy-preserving and cost-effective, allowing the company to offer secure, always-on and proactive insights with deep sector operational knowledge.

The funding round was led by Cambridge Enterprise with participation from new and existing investors including the Bristol Port Company, U-blox AG, Amadeus Capital Partners, Martlet Capital, the University of Cambridge Enterprise Fund managed by Parkwalk Advisors, Deeptech Labs, and a number of angels. The company has also secured grants from funders incl. InnovateUK and the Department for Transport.

Read more at RoboK News