STOCKHOLM, Sweden – March. 18, 2024 (PRESS RELEASE) – FLOX Robotics, a company developing autonomous wildlife management systems, is thrilled to announce the successful closure of its latest investment round, welcoming onboard a trio of prestigious investment firms: E14 Invest II, ALMI Invest, and Argand Partners. This strategic partnership marks a significant milestone for FLOX Robotics, enabling the company to supercharge its mission of revolutionizing wildlife coexistence through innovative AI & robotics-based solutions.
ALMI Invest, known for its commitment to nurturing Swedish startups with a potential for global market leadership, brings to FLOX Robotics a wealth of experience in technology and sustainability investments. E14 Invest II, with various investments within forestry, drones, AI and cleantech, aligns perfectly with FLOX Robotics mission of leveraging technology for environmental stewardship. Argand Partners, renowned for their expertise in scaling impact startups in international markets, brings a significant strategic advantage with their focus on sustainability-driven investments and market entry strategies.
This coalition of investors is not just a financial endorsement but a partnership aimed at fueling FLOX Robotics’ customer service capabilities, enhancing product performance, and laying the groundwork for international expansion.
”We are at a pivotal moment in our journey,” said Sara Nozkova, CEO & Co-founder of FLOX Robotics. ”With the support of our new investors, we are poised to transform our first contracts into a robust subscription service, ensuring customer satisfaction and building a sales and support organization capable of global reach. This partnership signifies more than just capital; it’s a shared belief in our vision and the impact we can have on coexistence with wildlife worldwide.”
”We have been keenly observing FLOX Robotics’ progress for quite a while and are truly impressed with their advancements. We are delighted to now be part of their journey, offering our support and actively contributing to FLOX Robotics’ future successes.” said Daniel Lavén, Investment Manager at E14 Invest II.
Argand Partners added, ”Backing FLOX Robotics aligns perfectly with our mission to invest in companies that deliver positive societal change. We look forward to seeing FLOX Robotics leverage this investment to scale their sales & delivery operations and make a lasting impact on the environment.”
FLOX Robotics is set to use the investment to convert and scale its first contracts into subscription-based services for its multiple product lines, ensuring high levels of customer satisfaction, scaling up with longer contracts across various segments, and preparing for international expansion.
This investment round marks the beginning of a new chapter for FLOX Robotics, with the backing of investors who share a common vision for a sustainable future where humans and wildlife coexist in harmony, powered by innovative technology. Together, FLOX Robotics and its investors are set to redefine the landscape of wildlife management.
