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 develops computer vision technology that transforms passive industrial camera feeds into actionable safety and efficiency insights. The startup focuses on large-scale infrastructure environments such as ports and logistics hubs.

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

co-founder & CEO at RoboK

Investor perspective

"Cambridge Enterprise has been a staunch supporter of RoboK since it spun-out of the University’s Department of Computer Science and Technology in 2017 and is delighted to have led RoboK’s latest funding round alongside existing investors, the Port of Bristol and the port’s major shareholder. The encouraging outcomes at Bristol just 3 months after deploying RoboK’s solution is not only a testament to the performance of RoboK’s AI, but also to Hao and her team’s dedication to delivering a class-leading product. We look forward to seeing RoboK’s platform scale across the logistics and supply-chain sector, and potentially save many more lives to come."

Desmond Cheung

Senior Investment Analyst, Cambridge Enterprise