Rotterdam Port Fund invests in ExRobotics

2/20/2019

ROTTERDAM, Netherlands -- The investment fund Rotterdam Port Fund has acquired a stake in ExRobotics. With locations in Breda and Delft, the Netherlands, this firm is a pioneer in the development of robots that can be used in environments with a high explosion risk.
Its modular robots enable the ‘remote’ inspection of oil and gas facilities: a safer, swifter and more efficient solution than relying on human inspectors. ExRobotics’ robots are ATEX/IECEx Zone 1 certified.

ExRobotics will be working on the further development of this technology in close collaboration with knowledge institutes in the Netherlands and abroad. The participation of the Rotterdam Port Fund creates new opportunities for ExRobotics to increase its production capacity and accelerate its international expansion – not only expanding the company’s financial resources but also giving it access to Rotterdam Port Fund’s network.

According to Rotterdam Port Fund, ExRobotics aligns very well with its selected investment profile. “The robots’ potential applications in the oil and gas industry touch on themes that we consider particularly important, like safety, maintenance and digitalisation,” notes Frans van der Harst of Rotterdam Port Fund. “We are delighted that we are able to support ExRobotics in their ambitions and to help put these robots on the market.”

“Rotterdam Port Fund’s participation will enable us to sell our robot all over the world,” says General Manager Iwan de Waard of ExRobotics.

 

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