Energy Robotics announced the completion of a €2 million investment round led by Earlybird Venture and angel investors from Germany.
Energy Robotics, a Darmstadt, Germany-based developer of software solutions for mobile inspection robots, announced raising a €2 million ($3M) investment round.
The money was raised from investors led by Earlybird Venture Capital and including contributions from a range of local angel investors based in Austria and Germany such as Paul Achleitner, Gerhard Roiss, Martin Klässner and Andrej Henkler.
The proceeds will be used to further develop the company's software-as-a-service (SaaS) solution and expand their product portfolio towards a platform economy and robot-as-a-service.
Energy Robotics, founded in 2019 as a spin-off of Darmstadt University of Technology and led by CEO Marc Dassler, offers the first commercially available software platform that brings together a hardware-independent robot operating system, cloud-based fleet management, and AI-driven data analysis for industrial applications.
Energy Robotics has launched the first commercially available software platform for industrial applications that combines three essential components of intelligent control of mobile autonomous robots: a hardware-independent robot operating system, a cloud-based fleet management, and an AI-powered data analysis. The robots are used for remote inspection and monitoring, especially in industries with harsh and demanding environments such as the oil, gas and petrochemical industries, but also increasingly in the energy and security industries. The company relies on a SaaS model to do this, offering its software solution and associated IT infrastructure along with hardware from various third-party vendors.