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HowToRobot merges with Acquire & Co., brings in funding


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HowToRobot is combining its marketplace with Gain & Co.'s expert advice.

HowToRobot is combining its market with Acquire & Co.’s skilled recommendation. Credit score: Adobe Inventory

HowToRobot.com ApS, a supplier of a world automation market platform, and Acquire & Co., a robotics and automation advisor, introduced a merger final week. The newly fashioned firm has additionally obtained an funding from Sagitta Ventures, which shall be taking a seat on its board. 

Now working below the identify “HowToRobot,” the mixed firm mentioned that whereas the necessity for robotics is stronger than ever, most companies nonetheless battle to automate. By combining its automation market and vendor-independent recommendation, HowToRobot mentioned it is going to help companies with each side of their automation journeys.  

“Companies want automation and robotics like by no means earlier than to make up for labor shortages and provide chain disruptions and easily to guard them in the long term,” said Søren Peters, now co-CEO of HowToRobot. “However with out assist, solely few are in a position to totally reap the benefits of the know-how. The merger and funding enable us to increase that assist to each enterprise that wants it.”

Based in 2017, HowToRobot mentioned it gives firms with an summary and easy accessibility to automation and robotics suppliers globally. It additionally gives advisors that give steering on all the pieces from getting began with automation to know-how choice and implementation.


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HowToRobot to assist firms sustain with innovation

International robotic installations have greater than tripled over the previous decade, in keeping with the Worldwide Federation of Robotics (IFR). This demand has resulted in additional innovation, making it troublesome for potential prospects to maintain up with the business, mentioned Peters. 

“Robotics is growing so quick that it may well simply appear overwhelming,” he mentioned. “What most want is commonly simply somebody to speak to who is aware of the market and who they will belief for dependable and neutral recommendation. By letting our two firms be part of forces, we will now present all that in a single place.”

The Copenhagen, Denmark-based firm claimed that the brand new HowToRobot offers the help that companies want when seeking to automate. On the R-24 occasion earlier this yr in Odense, Denmark, Gulshan Akhtar Din, a senior advisor then at Acquire & Co., defined the way it labored with hospitals to correctly combine automation with each bodily infrastructure and enterprise processes.

Regardless of world robotic installations hitting a document excessive in 2022, in keeping with the IFR, HowToRobot mentioned it has discovered that the common enterprise has explored solely about 5% of its addressable potential for automation. Peters asserted that that is primarily as a consequence of restricted experience and data about automation. 

“Most companies have nonetheless solely scratched the floor of what’s potential and is sensible to automate,” he mentioned. “With the suitable steering and easy accessibility to potential options, robotic adoption can attain an entire new stage.”

Contained in the merger

With the merger, Peters, the previous CEO of HowToRobot, and Søren Pap-Tolstrup, the previous CEO of Acquire & Co., will function co-CEOs. The corporate didn’t disclose monetary particulars of the merger or funding from Sagitta Ventures

“The world of robotics continues to be new to many, and most need assistance to some extent – from technical recommendation to discovering options and constructing the enterprise case or just discovering one of the best place to begin,” famous Pap-Tolstrup. “When mixed, our platform and advisory have the depth, attain, and adaptability to help companies the place and once they most want it.”

HowToRobot mentioned its newest funding will allow it to increase its platform, advisor crew, and associate community internationally, including experience and the capability for conducting on-site automation screening. The corporate mentioned it additionally plans to broaden its market understanding of robotics and automation to higher present skilled recommendation.

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