University of Essex spin-out secures £1m investment for crop-picking robots

University of Essex spin-out secures £1m investment for crop-picking robots

A University of Essex spin-out company behind revolutionary crop-picking robots has secured a £1 million cash injection

Agtech robotics group Versatile RobotX raises £1m

University of Essex spinout Versatile RobotX has secured over £1m in blended equity investment and grant funding to accelerate the commercial deployment of its AI-powered agricultural robots. The funding package combines equity backing from the British Design Fund (BDF) with grant awards from Innovate UK’s Growth Catalyst Investor Partnerships scheme and the Defra Farming Innovation Programme. Founded by Professor Klaus McDonald-Maier and Dr Vis…

University of Essex spin-out Versatile RobotX bags over €1.17 million to commercialise its agricultural robots

Versatile RobotX, a Colchester-based robotics startup developing field-ready robots that automate labour-intensive farming tasks, has secured more than €1.17 million (£1 million) in funding to accelerate the commercialisation of its intelligent agricultural robots.  The investment package combines investment from the British Design Fund (BDF) with support from Innovate UK Growth Catalyst – Investor Partnerships Round 2 and additional grants from…