admin VersaBox, a smart robotics company, has earned €2.5 million from Fidiasz EVC, SpeedUp Energy Innovation, Movens Capital, and RST Ventures for Earth. The company has just embarked on its worldwide expansion, generating a partnership network in several European Union countries.
“Such an experienced group of investors proves that the potential and the achievements of VersaBox are appreciated outside of the industry as well. In particular, it is important that, in addition to capital for development, we have expanded our group of partners with real experience in scaling business on international markets,” said Jacek Królik, VersaBox’s CEO.
Since 2017, The Warsaw-based Company, VersaBox has been a robot manufacturer and a supplier of digital solutions for logistics. It deals with internal logistics, i.e. transport of goods and products within companies, production facilities, or warehouses. The company has developed its own fully autonomous system for mobile robots, which allow quick and efficient transport of goods to and from the warehouse and between manufacturing cells. VersaBox solutions have already been implemented in Polish and foreign industrial plants, including the automotive industry. Their recent partners include Faurecia, Lubella, HUF, and Autoliv.
“We have observed the development of VersaBox in recent years. Now, we are actively involved in the company, as we have seen its readiness and appetite for foreign expansion. Our experience in international scaling, as well as that of other investors, combined with the large amount of funds VersaBox received as part of this investment round, provide the foundations for the implementation of this plan,” said Michał Olszewski, co-founder and partner at Movens VC.
“This is an example of a company that showed potential for rapid scaling from the very beginning,” said Krzysztof Domarecki, founder of Fidiasz EVC and the first VC investor in VersaBox. “This is particularly evident now that the Industry 4.0 is already becoming reality, and the benefits of the robotisation process are crucial for the further development of most industries.”
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