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BotsAndUs, the UK startup that brings autonomous robotics in public places, snaps up €5.3M funding

Editorial team by Editorial team
July 6, 2020
in Startups, (Crowd)funding, AI and chatbots, News
0
BotsAndUs, the UK startup that brings autonomous robotics in public places, snaps up €5.3M funding
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At present, robots and humans work together in various industries towards a better life and more efficient businesses. Human-Robot Collaboration (HRC) works wonders where the machine not only complements human capabilities but relieves him/her from dull, repetitive, and laborious tasks. 

Believes in humans and robots collaboration

Based out of London, BotsandUs strongly believe in the symbiosis of humans and robots. The UK company develops state of the art robotics and AI products by combining social sciences with human-centred design and cutting edge engineering.

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Secured €5.3 million funding 

Recently, BotsandUs raised $6 million (approx €5.3 million) led by Kindred Capital and Capnamic Ventures, with angel investors from the UK and the US also participating in the round. Furthermore, the company was awarded funding from the European Union’s Horizon 2020 research and innovation programme as well as Innovate UK.

Commenting on the event, Andrei Danescu, CEO, says: “We are in a great position to accelerate achieving our mission and liberate businesses from dull, repetitive and now even dangerous work, so their employees can focus on the things that bring the most value. We are thrilled to have such trusted and experienced investors join our cause and support the next stage of our growth. The demand for automation and robotics has seen a significant rise driven by the current global events and we’re in the best position to respond to it.”

The company intends to use this funding to grow the team, accelerate robot deployments, and explore new products and services in response to the significant increase in the demand for automation. Additionally, the robotic company aims to accelerate the deployment of its automation solutions across indoor, dynamic spaces. 

Works with Europe’s biggest retailers and airports

BotsAndUs are already collaborating with some of Europe’s biggest retailers and airports to support them across customer service and operations. Right now, the company works with clients including MediaMarktSaturn, Heathrow Airport, British Airways, and dnata, among others.

Robots and AI

Founded by Adrian Negoita and Andrei Danescu in 2015, the company is on a mission to create a fleet of autonomous service robots to work alongside people in dynamic, public spaces. Their goal is to drive efficiency across customer service, operations, and analytics. The company focuses on data capturing and automation through fleets of autonomous robots that work alongside people in dynamic, public spaces. 

Talking about the company to Silicon Canals, Andrei Danescu, CEO, says: “Our automation solutions cover two areas: customer service and operations. On the Customer Service aspect, things are quite straightforward: the robots autonomously and proactively identify and approach customers/passengers/guests, say hello to them, and try to understand if they can be of any assistance. This can be either offering information, physically guiding the person to certain locations, take payments or show promotions, etc. In BA/Heathrow, for example, they can also support check-in procedures, flights/gate directions, and duty-free purchasing. In a retail space, they can take customers to products, help them compare items, feed-in the latest promos, and offer and support the full purchase.”   

He further adds, “The on-site data collections and analysis is what the Operations robots cover. In a retail scenario, for example, our robots autonomously scan all product shelves to offer real-time product location and stock information. This real-time data is then fed into various teams at the retailers to inform decisions around product allocations per store/ area of the store, compliance (are the products properly displayed and with the correct price tags), stock availability through the website for customers, etc. In the travel sector, the units capture data such as passenger flows, leftover items, changes in layouts of the space, all to help create a seamless journey through the premises.” 

The data collected by the robots collect, and tasks they automate, enable clients to make informed business decisions that drive efficiency, reduce costs, and increase revenues.

Main image credits: BotsandUs

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