Q-Bot Secures £3.5 Million Investment to Expand Robotic Insulation Technology

Q-Bot, a leading company in the construction and retrofit industry, has successfully completed a £3.5 million investment round. The funding was led by EMV Capital and supported by private investors, family offices, Wealth Club, and Adjuvo. With this investment, Q-Bot aims to expand its operations into Europe and the USA, while further strengthening its presence in the UK market. Moreover, the company has announced the appointment of John Kennedy as its new CEO.

Q-Bot utilizes artificial intelligence (AI) and robotics to install insulation beneath suspended floors, effectively reducing heat loss and preventing cold air draughts. Their advanced insulation technology has already been installed in over 200 homes per month, contributing to a remarkable 60% increase in revenue over the past year.

One of the key advantages of Q-Bot’s insulation solution is its ability to address the insulation needs of the 8 to 12 million homes in the UK with suspended floors, which are challenging to treat using traditional methods. By leveraging robotics and AI, Q-Bot offers an innovative and efficient approach to home insulation.

Dr. Ilian Iliev, Managing Director of EMV Capital and Investment Director of Q-Bot, expressed his satisfaction with the successful fundraising. He emphasized Q-Bot’s progress in scaling sales and its significant impact on the construction technology industry, particularly in the retrofit home insulation market. This investment underscores the effectiveness of EMV Capital’s investment strategy, which combines value creation services and fundraising support.

With this substantial investment and the appointment of a new CEO, Q-Bot is well-positioned to continue its growth and expansion into new markets, providing innovative solutions for sustainable and energy-efficient construction practices.

– Q-Bot (no URL provided)
– EMV Capital (no URL provided)