EMV Capital participates in Q-Bot’s £3m series A funding round
7th June 2019
Level39 member and investor EMVC (EMV Capital) has announced participation in a £3m investment round into Q-Bot, a robotics company working on underfloor installation technology.
The London-based company raised this series A investment round with involvement from L39 member EMVC, Germany’s Foundamental and Wealth Club.
Using a range of robotic and AI technologies, Q-Bot uses robots to apply underfloor insulation underneath suspended floors to improve energy efficiency – with much less disruption than traditional methods.
With this investment, Q-Bot aims to continue its growth to meet the needs of social landlords as well as expand sales to private homeowners and international markets.
EMV Capital MD Dr.Ilian Iliev noted:
“We have been pleased to support QBot from the outset of its development. The company was an early entrant in the robotics revolution in the construction industry. The management’s consistent focus on execution is now paying off. We were pleased to see EMVC investors play a major part in this round.”