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Birmingham Post
Birmingham Post
Technology
Tom Keighley

North Shields robotics and AI firm secures £1.6m investment in latest funding round

A robotics firm that builds products for the construction industry has secured £1.6m in a funding round.

North Shields-based Q-Bot says the funding - which has come primarily from existing investors and was led by EMV Capital - will allow it to ramp up rollout of its robot which remotely applies underfloor insulation beneath suspended floors.

The firm, which employs about 38 people at its Orion Business Park base, said the funding will help it meet rising demand for its products in the UK and overseas.

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