30 June 2023

RoboK secures £1.7m in funding led by Cambridge Enterprise to expand commercial reach

The investment round was led by Cambridge Enterprise with backing from a range of existing and new institutional and angel investors.

£1.7M

RoboK is a computer vision spinout from the University of Cambridge that upgrades standard industrial camera feeds into automated safety monitors.

Computer vision startup RoboK has secured £1.7m in a funding round led by Cambridge Enterprise. The company plans to deploy the capital to connect more industrial sites and expand its commercial and product teams.

The latest financing brings the total raised by the Cambridge-based firm to £4m. Participants in the round included the Bristol Port Company, U-blox AG, Amadeus Capital Partners, Martlet Capital, Parkwalk Advisors via the University of Cambridge Enterprise Fund, and Deeptech Labs, alongside a group of angel investors.

From the founder

"Our technology has the potential to revolutionise the entire infrastructure industry and we are starting with ports. This is especially significant for the UK, as 95% of all UK imports and exports are transported by sea. We are committed to making it accessible to as many workplaces with existing industrial CCTV cameras as possible,"

Hao Zheng

Founder & CEO at RoboK

Investor perspective

"I have been extremely impressed by the insights, data and detail we have gained from this cutting-edge technology. Furthermore, the responsiveness of all the RoboK team – from their CEO to engineers – to find rapid, practical, and innovative solutions has been superb. There are clearly huge opportunities for all UK ports to collaborate and benefit from what we have learned; without question we now run a safer operation thanks to RoboK’s technology and expertise"

David Brown

Chief Executive, The Bristol Port Company