Innovation Industries
Summary
Smart Robotics completes investment round with Innovation Industries and Mirai Creation Fund II to accelerate product roll-out Amsterdam, the Netherlands – 6 th of November 2019 – Smart Robotics, a leading developer of robot-independent, intelligent software for the rapid deployment of collaborative robots (‘cobots’), has announced today that it has secured a substantial investment in a round led by Dutch high-tech venture capital fund Innovation Industries and Mirai Creation Fund II, backed by Toyota Motor Corporation as a key limited partner. Smart Robotics’ AI-based software platform enables the rapid deployment of cobots in markets such as e-Commerce, Pharma and FMCG. Both parties bring valuable experience in scaling up a high-tech company to the table,” says Mark Menting, Founder and Managing Director of Smart Robotics. We are pleased with the addition of Smart Robotics to our portfolio and look forward to helping the organization further strengthen its position and accelerate its commercial roll-out.” Masatoshi Fukami, Representative Director, Executive Deputy President of SPARX Group as General Partner of the Mirai Creation Fund comments: “We are delighted to be part of Smart Robotics, who is at the forefront of technology with its cobot software platform. Thereby, the organization leverages the trend that hardware is commoditizing and competitive advantage is reached through advanced software.