Toloka.vc invested $745,000 in American industrial robot developer Lucid Bots
The American startup specializes in automating expensive and dangerous high-altitude work, for which it has developed its own robotic platforms.
The American startup specializes in automating expensive and dangerous high-altitude work, for which it has developed its own robotic platforms.
Ukrainian investment syndicate Toloka.vc invested $745,000 in the US-based company Lucid Bots. The company has its own vertically integrated production in the US, which allows it to localize the supply chain and reduce dependence on imported components.
The product line includes the Sherpa pressure washing drone, the Lavo Bot ground-based device, the Power Tether uninterruptible power supply module, and the LucidOS flexible operating system.
Lucid Bots will use the raised capital to scale sales, increase production volumes, and deploy a new business model — Robotics-as-a-Service (RaaS). Selling robotics under a subscription model should increase the product's availability to new customers and provide the company with stable, predictable revenue.
"The robotics sector will radically transform the global economy in the near future. It is strategically important for us to have an investment presence in this industry through leaders. Achieving the target revenue of $100 million over a three-year horizon and successfully transitioning to the RaaS model will make the company an obvious candidate for M&A or IPO," commented Taras Kyrychenko, general partner of Toloka.vc.
By 2025, the American company had already demonstrated double-digit growth, reaching over $10 million in revenue. At the same time, the total volume of target markets in which the startup plans to operate is estimated at over $300 billion.
Toloka.vc invested £186,000 in British e-bike rental service PLUTO
Toloka.vc invested £186,000 in British e-bike rental service PLUTO
Ukrainian venture syndicate TOLOKA invested $1 million in AI-based security company Bright Security
Ukrainian venture syndicate TOLOKA invested $1 million in AI-based security company Bright Security
Ukrainian venture syndicate TOLOKA invested $1.7 million in American startup Portoro
Ukrainian venture syndicate TOLOKA invested $1.7 million in American startup Portoro
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