What is Q-Bot?
Founded in 2012 and based in Wandsworth, London, Q-Bot aims to create smarter tools for the construction, maintenance, and upgrade of buildings. The company leverages robotics to enable remote inspection and operations in hard-to-reach or hazardous areas, such as crawl spaces. Their initial focus is on providing an affordable and scalable solution for underfloor insulation through their proprietary robotic device, SprayBot. This technology allows for automated inspection, 3D mapping, insulation application, and quality control, enhancing efficiency, safety, and cost-effectiveness in the insulation market.
How much funding has Q-Bot raised?
Q-Bot has raised a total of $9.7M across 4 funding rounds:
Private Equity
$2.8M
Private Equity
$586K
Private Equity
$1.9M
Other Financing Round
$4.4M
Private Equity (2016): $2.8M, investors not publicly disclosed
Private Equity (2017): $586K led by ClearlySo, Curious Capital, and London Business Angels
Private Equity (2022): $1.9M supported by EMV Capital
Other Financing Round (2023): $4.4M featuring Wealth Club, Adjuvo, and EMV Capital
Key Investors in Q-Bot
EMV Capital
EMV Capital specializes in developing customized investment strategies, providing tailored funding and support to companies based on their sector and development stage. They syndicate investment sources from their Evergreen EIS Fund and a network of Family Offices, Wealth Managers, institutional VC investors, and Corporate VC funds.
Wealth Club
Wealth Club offers experienced investors advanced investment opportunities beyond mainstream platforms. As a subsidiary of Wealth Club Limited, their asset management arm provides access to a range of investment vehicles.
Adjuvo
Adjuvo is a membership network focused on investing in and supporting innovative early-stage UK companies. They combine expertise and resources to help businesses achieve their potential, emphasizing high-growth prospects, strong leadership, and market relevance.
What's next for Q-Bot?
The recent major strategic investment signals a pivotal growth phase for Q-Bot, likely enabling the company to scale its operations, further develop its robotic technology, and expand its market reach. With a clear vision to transform building processes, Q-Bot is positioned to capitalize on the increasing demand for efficient, safe, and sustainable construction solutions. Future developments may include expanding the application of their robotic systems to other areas within the construction and maintenance sectors, solidifying their position as a leader in construction robotics.
See full Q-Bot company page