MALLING, DENMARK — German industrial group STIHL introduced a big funding within the Danish robotics firm, TinyMobileRobots. STIHL’s robotic garden mowers share a technical kinship with the superior and absolutely autonomous line marking robots produced by TinyMobileRobots, that are meant to be used in sports activities fields, highway development, agriculture and extra.
STIHL Group has been intently following TinyMobileRobots’ fast worldwide progress in recent times, as the corporate has doubled in dimension annually. Recognizing the chance for additional enlargement, the company enterprise arm of the STIHL Group, STIHL Digital, acquired 23.8% of TinyMobileRobots, shopping for out the corporate’s former state-funded funding, managed by enterprise capital agency Borean Innovation, which was commissioned by the Danish Authorities as a part of an environmental innovation program. Personal investor Anders Fauerskov, former co-owner of TC Group, will proceed to personal a part of the corporate and stays a big capital companion throughout the new circle of homeowners.
“We have now been on the lookout for a powerful companion able to securing additional progress and growth – and partnering with STIHL is an absolute dream situation. Collectively, we share a pool of data, expertise and expertise, which is able to create nice worth for each firms. Proper from the outset, we may even profit drastically from STIHL’s worldwide community of sellers. Whereas sustaining our standing as an impartial firm, we are able to draw on STIHL’s enormous market expertise to speed up our progress additional. To place it mildly, I am very, very pleased with this new growth,” mentioned Jens Peder Kristensen, founder and CEO of TinyMobileRobots.
TinyMobileRobots’ line marking robots meet a excessive buyer demand for extra sustainable merchandise since they’re powered by batteries, as a substitute of diesel, and use considerably decrease quantities of line paint in comparison with competing options.
To see the machine in motion, click on right here.
“We have now been in shut contact with TinyMobileRobots for greater than two years and steadily, now we have turn out to be an increasing number of impressed with their progress charges and efficiency. As the possibility to amass practically 1 / 4 of the corporate arose, we had been fast to strike a deal. We really feel satisfied that our future collective efforts will result in an excellent higher share of TinyMobileRobots’ quick rising and innovation pushed market,” mentioned Benjamin Junghans, director of STIHL Digital.
TinyMobileRobots has constantly improved their proprietary know-how, and its line making robots are extensively utilized by a broad array of sports activities golf equipment, municipalities, airports and, more and more, development and engineering firms. TinyMobileRobots has additionally developed a PropTech-robot for measuring massive indoor areas resembling high-rise development websites, storage buildings, warehouses and manufacturing amenities, the place thousands and thousands of sq. toes in any other case must be measured manually.