Centaur Robotics secures £500k from Midven MEIF to advance its self-balancing wheelchair.
The Birmingham mobility company raised the capital to complete product development and begin manufacturing.
Centaur Robotics is a Birmingham-based mobility solutions company that has developed a self-balancing electric wheelchair named the Centaur.
Centaur Robotics has secured £500k in a seed investment led by Midven through the Midlands Engine Investment Fund, alongside backing from Seedrs and angel investors. The company will use the proceeds to complete product development for its self-balancing electric wheelchair and launch manufacturing. The funding comes as the firm looks to scale its domestic mobility solution, which is designed to navigate standard interior doorways and provide elevated seating for users. Centaur Robotics operates from Birmingham, targeting accessibility challenges faced by wheelchair users in the UK.
From the founder
"At Centaur Robotics, we believe in challenging the status quo to redefine mobility for wheelchair users. This investment from the Midlands Engine Investment Fund marks a pivotal moment in our journey, enabling us to improve accessibility around the home. We are not just building a chair; we are crafting a future where mobility solutions enhance independence and contribute to a more inclusive society."
Eric Kihlstrom
CEO at Centaur Robotics
Investor perspective
"Centaur Robotics is at the forefront of revolutionising mobility solutions for wheelchair users. This investment marks a significant milestone in their journey, allowing them to bring their innovative self-balancing electric wheelchair to production."
Tony Stott
Investment Director, Midven
Use of funds
- 01Continue product development
- 02Scale operations
Investors
Categories
About the company
Centaur Robotics
Centaur Robotics builds a self-balancing electric wheelchair to improve mobility for users.