Robot mower firm secures £400,000 ahead of pilots
Estonian entrepreneur Joan Kangro has secured £400,000 in funding for his firm, Kingdom Technologies and its automated lawn mower.
Kangro, whose firm is based in the Business Hatchery at University of Glasgow, has a Masters degree in mechatronics from the institution.
His firm has developed a patent pending technology which allows an automated robot lawn-mower to map the surrounding.
Its technology is said to outperform other products, and is capable of autonomously mowing areas much larger than currently possible.
The firm hopes its technology will appeal to residential properties alongside commercial premises such as golf greens and local authority locations and could enter a market worth £20bn per year.
The funding was led by European Superangel and United Angels, and includes Scottish and Estonian investors.
Kangro said: “This funding will allow us to start the commercial pilots and prepare for a large scale manufacturing.
“It is fantastic that our investors share our belief that we can disrupt this market and become the leading player from right here in Glasgow.”
Kingdom has already agreed pilot projects with local authorities and golf courses, and plans to begin operating its first pilots in the coming months.
The business was advised on the deal by law firm Harper Macleod and was a recent winner of The Scottish Wild Card Edge competition.