TinyMobileRobots lands Emerald backing to scale autonomous line marking robots

Zürich, Switzerland: Cleantech venture capital pioneer Emerald Technology Ventures has invested into TinyMobileRobots (TMR), a maker of autonomous field and road marking robots. The EUR 13M funding round, which was joined by STIHL Ventures and others will help the company expand its product line and presence in the fast-growing market for line-marking systems.

Denmark-based TMR makes satellite-guided autonomous vehicles that can apply paint to various surfaces with high precision. This is especially useful in marking athletic venues and roads and other surfaces preparing for construction. These two applications—sports fields and surveying—comprise TMRs’ primary customer base, with both poised for rapid growth in the years ahead as ongoing labor shortages compel managers to adopt automation.

Importantly, TMRs’ robots can operate at high precision without a base station, which typically serve as conduits for GPS signals in conventional robots. This allows TMR to save cost and offer a cheaper, nimbler solution than leading alternatives. TMR pairs its robots with a rugged tablet computer running an intuitive, user-friendly control app, with cloud data storage and analytics.

“In the US, there are 25,000 colleges, all lacking staff for marking their sports fields. And in Western Europe, there are over 100,000 sports clubs, which also have trouble finding volunteers. Many places, the few remaining volunteers are so overworked that they see the robot as their only option to be able to continue the sports activities. Our robots solve that problem,” says Jens Peder Kristensen, CEO & Founder of TMR.

About Emerald Technology Ventures

Emerald is a globally recognized venture capital firm founded in 2000, that manages and advises assets of over €1 billion from its offices in Zurich, Toronto and Singapore. The firm invests in start-ups that tackle big challenges in climate change and sustainability, with 4 current funds, hundreds of venture transactions and four third-party investment mandates, including loan guarantees to over 100 start-ups.

Bold Ideas. Bright Future.  www.emerald.vc

CONTACT FOR EMERALD:

info@emerald.vc

About TinyMobileRobots

Founded in 2015 by Jens Peder Kristensen, the company’s robots can navigate and draw accurately both outdoors (using GPS) and indoors (via laser). The line-marking robots have so far marked 2 million sports fields. In the latest financial statement from 2022, TinyMobileRobots delivered an annual result of 6.28 million DKK, which is an increase of 127.25% compared to the previous year. For more information, please visit https://tinymobilerobots.com/

CONTACT:

Jens Peder Kristensen, CEO

jpk@tinymobilerobots.com