Halodi Robotics secures $10.1m in funding for humanoid robots
HALODI ROBOTICS SECURES $10.1M IN FUNDING TO BRING HUMANOID ROBOTS INTO REAL-WORLD APPLICATIONS IN A SERIES A ROUND LED BY VALINOR, ADT AND AUTOSTORE INVESTOR HATTELAND
Inspired by innovation and making safe, capable, and affordable robots that serve the greater good, Halodi Robotics is moving forward to disrupt health care, security, retail, and the consumer market.Headquartered in Moss, Norway, Halodi Robotics also has offices in Oslo, Norway, Montreal, Canada, and Oakland, California. The company has developed game-changing IP to enable truly capable, safe, and affordable robots.
The funding will be used to expand the team and to accelerate product, technology, and business development towards bringing the 4th generation humanoid robot platform to volume production. In addition to the $10.1M raised, the company has also developed a robot order backlog of more than $3M. The round was led by Valinor, a Norwegian investment company, ADT Commercial, a premier provider of commercial security, fire, life safety, and risk consulting services in the U.S, and AutoStore founder Hatteland.
“I am delighted to see yet another Norwegian robotics company take the step into global commercialization,” says Jakob Hatteland, founder and chairman of Jakob Hatteland Holding, “I have great expectations to the Halodi Robotics team and their technology to deliver truly useful robots into multiple markets in the years to come.”
”I am very satisfied with the capital raised and the quality of the investors we have landed in the funding round.”, says Stein Erik Maurice, Chief Operating Officer at Halodi Robotics, “Combined with the strong commercial traction developed in parallel, Halodi Robotics is poised to take the next step on a very exciting commercial journey.”
“As a long-term investor in Halodi Robotics since 2017, we continue to be impressed with the way the company is run and the potential for continued future growth,” says Pål Valseth, CEO of Valinor, “Halodi Robotics is clearly well aligned with our investment strategy of investing in cutting-edge companies to enable solutions for tomorrow.”
Working with Halodi Robotics is working with the future. With the mission to bring humanoid robots to everyone, Halodi Robotics offers one of the most futuristic, world-changing investment opportunities of our time.