Oinride, a Tampere-based pioneering force in mobile robotics solutions for the mining industry, has successfully raised €345K pre-seed investment. The funding round includes a significant €200K contribution from EIT RawMaterials, a prominent European initiative dedicated to supporting innovation in the raw materials sector. This substantial financial boost will enable Oinride to accelerate the development and deployment of their cutting-edge mobile robotics designed to enhance safety and productivity in the mining industry’s harsh environments. Oinride’s immediate plans involve launching a pilot project in the USA, expanding their team, and refining their products for a broader market launch.
Oinride Oy develops advanced robotic solutions aimed at revolutionizing underground mining operations. Their robots are equipped with sensors, navigation systems, and AI capabilities, allowing them to navigate hazardous environments such as underground mines. Designed to handle complex terrain and hazardous materials, these robots can communicate with other systems to enhance coordination and productivity. Oinride’s technology is also suitable for various rough terrain environments, including security and defense, nuclear waste management, and other challenging conditions.
The company’s recent participation in the Startupbootcamp Renewable Energy & Net-Zero 2023 accelerator in Amsterdam has been instrumental in their success. The accelerator provided Oinride with access to investment opportunities, industry experts, and a fast-tracked growth trajectory. The team expressed their gratitude for the invaluable support and resources offered during the program, which connected them with potential partners and investors.
“Participating in the Startupbootcamp accelerator in Amsterdam has been an extraordinary experience for Oinride. The accelerator has been a cornerstone of our journey, providing unwavering support and ensuring our continued success. The networking opportunities and resources provided by Startupbootcamp have been invaluable, connecting us with potential partners and investors and accelerating our growth trajectory. The EIT RawMaterials experience has also been transformative. Thanks to Hans Westerhof and Joachim Blazer for their guidance, and Théo Berthet for his patient support, helping us navigate the mining industry. Urban Tech Helsinki has been instrumental with Kaisa Ahonen’s creativity and Ari Seppänen’s coaching, helping us tackle challenges and amplify our mission. A heartfelt thanks to our senior advisor, Roope Ritvos. His extensive expertise and insightful guidance have been invaluable in shaping our strategic direction and driving our success. We look forward to continuing our mission to drive innovation and enhance safety and productivity in the most challenging environments,” added Oinride’s team in a joint statement.
As Oinride continues to push boundaries and drive innovation in the mining industry, they remain committed to enhancing safety and productivity in the most challenging environments. The future looks promising, with more milestones and breakthroughs anticipated on the horizon.
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Read the orginal article: https://arcticstartup.com/oinride-raises-e345k/
