Wednesday 20 September 2017

The Q-Bot robots are taking over!

Run! Run! [If you're in the insulation business.] Run! 'What's all this, boss?' Run, Voice! Save yourself! The insulation robots are coming! 'But I'm not in the insulation business.' Oh ... okay. Never mind. Panic over, everyone.

London, United Kingdom - Q-Bot, the UK's leading developer of robots for use in the construction industry, has closed an investment round of £450,000 supported by ClearlySo, Minerva Investors Group, Curious Capital, London Business Angels and Chicago Booth Angels. The investment is leveraged with £1,050,000 funding from the EU Commission's Horizon 2020 program, to bring the total funding up to £1.5m. The new funds will allow Q-Bot to rollout the world's first affordable and truly scalable solution for under floor insulation.

You see, dear reader(s)? There's probably nothing to worry about. Oh, do you work in the insulation business? No? Then why are you crying? Get a grip, FFS! 'These people ...' / Let's see what our Hayley at ClearlySo has got to say ...

Hayley Collen, Investment Director at ClearlySo: "This is an exciting time for Q-Bot as it looks to scale up in the UK and launch in new markets. ClearlySo is proud to have helped them raise capital at each step of their journey to improve energy efficiency and reduce fuel poverty for customers in the UK and beyond."

Oh, I see. She's not worried about the poor bastards who work in the insulation business. 'Maybe one day, boss, the robots will come for her job.' Ha! They're coming for everyone's job, son. However, they can't write songs for shit at the moment, and I doubt they ever will be able to. So I'll be okay. / Anyway ...

With an estimated 10 million homes needing under floor insulation in the UK alone and with markets in Northern Europe and the US, there is a huge need to develop more scalable approaches for the retrofit of insulation. Q-Bot has developed a highly innovative, robotic device that can deploy through a small opening, survey and map the space, apply insulation in situ and then validate the job done. This unique approach transforms inefficient, cold and draughty properties into warm and cosy homes at a fraction of the cost and time of traditional methods. It also minimizes disruption for the occupants and can reduce energy bills by as much as 1/4, saving hundreds of pounds. This has resulted in Q-Bot acquiring significant clients in the social housing sector, including Camden Council, Cardiff City Council, CityWest Homes, Islington Council and Peabody.

Okay, okay. It sounds amazing and everything, I suppose. 'As long as they don't start blowing people away with a shotgun, boss.' Who?! 'The robots.' And why on earth would they do that? 'I don't know.' They're not going to have many customers left if they do that, are they, idiot?! 'But you see it in the movies.' Christ! Forget the movies! FFS! / Okay, let's finish with a quote from Mathew ...

Mathew Holloway, CEO & Co-Founder of Q-Bot: "The support of our investors combined with co-funding from the EU Commission’s H2020 program, has enabled Q-Bot to secure the accreditation critical to our customers and partners including a BBA Agrement Certificate and CE Mark. Q-Bot is now poised to roll out the service across the UK and capitalize on successful trials in France and the US. This new investment will allow Q-Bot to accelerate growth and put in place the infrastructure required to deliver the service across the millions of homes that need it. Q-Bot has already created dozens of jobs and insulated hundreds of homes, but our goal is to have an impact on a global scale, by transforming the construction industry with smarter solutions."

Created dozens of jobs? Well, well ... okay. I mean, I don't know, but ... 'Don't worry about it, Mikey. Just play your guitar.' Yeah, well, I'll be finishing a great lyric today. / It's your move, robots.