TinyMobileRobots has successfully secured a Series A funding round
TinyMobileRobots, the Danish robot company, has successfully secured a Series A funding round led by Emerald Ventures.
To fuel growth and solidify its market position, TinyMobileRobots recently secured Series A funding alongside strategic debt funding from Vækstfonden and Danske Bank. This injection of capital will be instrumental in expanding the foothold in Northern America and Western Europe. By strategically targeting these regions, TinyMobileRobots aims to forge valuable partnerships, capture new opportunities, and accelerate its trajectory as a global leader in mobile robotics.
Oaklins’ team in Denmark was engaged by the owners of TinyMobileRobots as strategic and financial advisor in this transaction.
Thanks to our series A funding, TinyMobileRobots is set for exponential growth. This capital injection will fuel our technological advancements, empowering us to revolutionise the industry. Oaklins’ profound understanding of our sector and invaluable relationships have solidified their role as a trusted partner. Together, we are driving the future of mobile robotics, delivering cutting-edge solutions that redefine efficiency and affordability.JENS PEDER KRISTENSEN, CEO & FOUNDER – TINYMOBILEROBOTS
Founded in 2015, TinyMobileRobots has emerged as a global powerhouse in the realm of mobile robots, specialising in sport field marking and infrastructure surveying. With headquarters in Denmark and a strong presence in the United States, the company has established an extensive global distribution network. The Company’s expertise lies in delivering high-precision, reliable, and user-friendly robots, which leverage advanced robotics software, artificial intelligence (AI), and cutting-edge technologies from the land surveying industry.
TinyMobileRobots has marked over 2 million sport fields worldwide, reducing paint consumption by 75%, streamlining manual field marking, and enhancing productivity. Additionally, the company’s commitment to safety is evident in the use of robots to replace humans in high-risk work environments, protecting land surveyors and demonstrating the dedication to innovation and workforce protection.
Read more about TinyMobileRobots: www.tinymobilerobots.com
We are thrilled with the success of TinyMobileRobots’ Series A funding round, and it has been a delight supporting the company throughout this process. With the capital secured from Emerald Ventures, we eagerly anticipate TinyMobileRobots’ remarkable journey towards even greater achievements. Together, we pave the way for a future where robotics revolutionise the world.KIM HARPØTH JESPERSEN, MANAGING PARTNER – OAKLINS BEIERHOLM