Business Wire

KOBOTS

27.9.2021 15:11:13 CEST | Business Wire | Press release

Share
Danish Robotics Company Kobots Open to Investors

The people behind Kobots know that construction workers benefit from healthier, longer and more productive careers when robots are used to automate part of the workflow. Using the British crowdsourcing platform, Seedrs – which has no minimum investment requirement – Kobots is inviting everyone to invest in its robots to help the future of construction.

Sales of Kobots’ drywall cutting robot “Amigo” took off in 2020, and Kobots is raising 10 million Danish kroner (1.4 million Euro) to fund its international expansion. Amigo was developed by Danish carpenter Peter Hartvigsen to automatically cut drywall using measurements entered in a phone app.

Right now, Amigo is cutting 40,000 square metres of drywall used to construct the Danish highrise, Lighthouse.

“Amigo is perfect for Lighthouse because we have to cut so much drywall,” said Morten Kjaer, enterprise manager for Hustømrerne A/S, which works on LightHouse. “It allows us to keep a fast pace on the construction site.”

Dust reduction means big benefits to the work environment

Construction dust related lung disease takes the lives of 250 Danish workers annually.

Jonas Nymark hangs drywall at the Lighthouse site and he says the robot makes a huge difference in air quality.

“It's scary: we used to have at least three times as much dust in the air before we started using Amigo,” Nymark said. “I don’t want to go back to working in all that dust.”

Nobody is too busy to automize

Since its introduction in 2020, Kobot’s Amigo has cut enough drywall to cover 24 football fields, and it has preserved 34 tonnes of materials by saving and automatically remembering to use smaller pieces.

“Any company that’s gotten a demo of Amigo has either purchased or leased the robot,” said Peter Hartvigsen . “Kobots is positioned right there on the hockey stick growth chart where things are really going to take off.”

Collaboration with Velux and James Hardie Group

Among Kobots’ owners are some of the Danish robotics industry’s heavy hitters, like Niels Jul Jacobsen, the man behind Mobile Industrial Robots and Capra Robotics.

Construction material producers Velux and James Hardie Group are also working with Kobots.

This Seedrs crowdfunding round kicks off on Oct. 11, 2021, and you can reach it here or you can register for a private investment that opens on Sept. 29, here .

About Business Wire

Business Wire
Business Wire
101 California Street, 20th Floor
CA 94111 San Francisco

http://businesswire.com

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

SES Expands into Global Direct-to-Device Services through Strategic Collaboration with Elveo Mobile17.8.2026 09:30:00 CEST | Press release

SES, a global leader in space solutions, today announced an expanded strategic investment and collaboration with Elveo Mobile (Elveo), the new company created through the completion of the Lynk and Omnispace merger. Elveo unites the heritage of two pioneers in direct-to-device (D2D) services and will deliver mobile connectivity from space to mobile phones, devices and machines around the world. SES will support Elveo in accelerating its delivery of powerful, cost-effective global D2D services. SES and Elveo will also work together on global spectrum initiatives that will enable Elveo to unlock delivery of D2D solutions. By partnering with Elveo, SES deepens its commitment with access to its expansive, global space and ground infrastructure, while also supporting Elveo's go-to-market, engineering, operations and regulatory needs. The collaboration will enable SES to enhance current services for its mobile telecom, enterprise, and government customers around the world. SES users will ben

Trading Central Launches a UCITS ETF17.8.2026 09:30:00 CEST | Press release

Trading Central SA (“Trading Central”) announces the launch of a UCITS European Quant ETF in partnership with HANetf Asset Management, one of Europe’s leading white-label UCITS ETF and ETC platforms. The following ETF is now trading on Euronext Paris (eligible to PEA), Milan, Dublin, and Börse Frankfurt, and is coming soon to more European stock exchanges and in currencies besides the Euro. Trading Central Quant Europe 50 Equity UCITS ETF (TCQE) J.P. Morgan serves as fund administrator and custodian, while GTX acts as the market maker across these exchanges. This release marks Trading Central’s continued expansion into investable products, supporting self-directed retail clients with its award-winning, proprietary financial research and data. “For years, Trading Central has helped investors make more informed decisions through independent research and analytics,” said Alain Pellier, CEO of Trading Central SA. “The introduction of our TC Quant ETF is a natural next step in our mission—o

The Estée Lauder Companies and University of Leeds Partner to Advance the Future of Complexion Shade Matching14.8.2026 15:00:00 CEST | Press release

New research aims to tackle one of beauty’s most persistent challenges: accurately matching shade complexion-enhancing products to the full, diverse spectrum of global skin tones The Estée Lauder Companies Inc. (NYSE: EL) today announced a research collaboration with the School of Design, University of Leeds, United Kingdom, and Dr. Kaida Xiao, a world-renowned leader in color science and visual perception. Despite significant advances in beauty innovation, finding the right foundation or concealer shade remains one of the most common consumer frustrations. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260814256032/en/ Foundation shades are evaluated as part of color science research. By combining advanced color science with research into how consumers perceive their own skin, this partnership aims to strengthen the development of luxury and prestige complexion-enhancing products with more precise shade matching and improve

ZPG Reaches Agreement to Sell Hometrack to Providence Equity Partners14.8.2026 11:00:00 CEST | Press release

ZPG today announced an agreement with Providence Equity Partners for the sale of Hometrack. Under ZPG’s ownership, Hometrack has grown into a leading provider of residential real estate digital valuation and property risk data & analytics in the UK and Netherlands. The transaction marks a natural evolution for ZPG as the group focuses on its distinct businesses, each performing strongly and well positioned for the opportunities ahead: Zoopla, a leading UK property and homeowner data platform; Alto, the UK’s foremost workflow platform for real estate agents; RVU, a leading distribution and home management platform built on iconic UK household brands, including Uswitch and Confused.com; and Tempcover, a market-leading temporary insurance provider. ZPG and its shareholders remain excited about the outlook for each of these businesses. Charlie Bryant, Chief Executive Officer of Hometrack, said: “ZPG and its shareholders have been outstanding partners, their support has been integral to bui

Paysafe Becomes Envision Racing Title Partner to Build the Future of Fan Engagement; Where Motorsport, Gaming and Payments Become One14.8.2026 09:59:00 CEST | Press release

New alliance will turn Formula E fans into participants, connecting race weekends, gaming and rewards through Paysafe's global payments network, with the team entering the new Gen4 era as Paysafe Envision Racing Paysafe (NYSE: PSFE), a leading payments platform, today announced a title partnership with Envision Racing, one of Formula E's most successful and innovative teams, heralding a new era as Paysafe Envision Racing. Together, the two companies will power the future of connected fan experiences, uniting world-class motorsport, gaming and digital payments into the most engaging, rewarding and sustainable fan ecosystem in sport. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260814738341/en/ A new era begins in Formula E as Envision Racing becomes Paysafe Envision Racing. The partnership is built on a simple idea: fans shouldn't have to choose between watching the action and being a part of it. From the grid to gaming, es

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom
World GlobeA line styled icon from Orion Icon Library.HiddenA line styled icon from Orion Icon Library.Eye