A company that develops robots for use in the construction industry has raised £$2.03m (1.5m) of investment. The funding for Q-Bot came from the EU Commission's Horizon 2020 programme, supported by a number of investment companies including Minerva and London Business Angels, and will be used to help the company roll out its automated device for installing under-floor insulation. The company's robot can map the space in a room, apply insulation and confirm that the job has been done properly. It has attracted customers in the social housing sector, including the Camden, Cardiff and Islington councils.
A company that develops robots for use in the construction industry has raised £1.5m ($2.03m) of investment. The funding for Q-Bot came from the EU Commission's Horizon 2020 programme, supported by a number of investment companies including Minerva and London Business Angels, and will be used to help the company roll out its automated device for installing under-floor insulation. The company's robot can map the space in a room, apply insulation and confirm that the job has been done properly. It has attracted customers in the social housing sector, including the Camden, Cardiff and Islington councils.