Invert Robotics has announced the second close of a €12.9 million investment round.
This follows the addition of a €2.5 million investment from leading Irish EIIS fund, Business Venture Partners (BVP), and US technology investor, TechNexus Venture Collaborative.
The company specialises in robotic solutions for non-destructive testing, with food production, chemicals, pharmaceutical, aerospace, and energy companies among its customers.
Invert Robotics also has offices in the Netherlands, France, Germany, Australia, New Zealand, and the United States.
“Invert’s solution is the future of asset maintenance, as our robots can go where other robots cannot and people should not,” Invert Robotics chief executive Neil Fletcher said.
“This investment from the 2022 BVP EII Fund further supports our vision of removing workers from all hazardous inspection environments, ensuring every worker goes home safely every day.”
BVP's executive director Stephen Burdock added: “We have been impressed by the team at Invert Robotics and believe in the vision to provide a safe and sustainable environment by using technology for working in confined or hazardous spaces.
“Expanding the product sales division will enable the ability to perform tasks remotely and eliminate the need for people to enter these environments.”
