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Odense Investor Summit 19 Offers Great Investment Opportunities in Danish High-Growth Robotics CompaniesWith the prospect of an estimated 2-300% growth by 2025, the Danish robotics cluster has a unique appeal to international investors. The cluster generated a turnover of €763 million in 2017 - a 32% increase since 2015, the equivalent of €238,000 on average per employee. The ripple effect of the cluster is known globally; since 2015, more than €750 million has been invested in the Odense-based robotics companies. 98% came from private investors, including U.S. based Teradyne (News - Alert) acquiring the two young companies Universal Robots and Mobile Industrial Robots. Odense Investor Summit 19 held June 26 is a platform where capital-seeking companies from one of Europe´s most dynamic robotics clusters, Odense Robotics, meet investors representing 'smart money' and risk capital. More than 20 international and Danish start-ups & SMEs within the areas of robotics, drones, and health-tech participate and meet with 120+ investors eager to invest in these industries. At the Investor Summit in the city of Odense, which, besides housing the robot fairytale, is the birthplace of the Danish writer Hans Christian Andersen, participants can also meet the key people behind the creation of the successful European hot spot for robotics and automation, home to more than 130 robotics companies. The area's explosive growth rate is closely connected to the cluster's unique ecosystem well-known for its strong collaboration between the companies, research & educational institutions, and the public, accelerating the growth of numerous companies in a relatively small area. A total of 98% of companies in Odense Robotics say collaboration is their most important strategic focus area with 78% of companies collaborating with other cluster companies. The Danish global market leaders in robotics arms, service robots and end-of-arm-tooling including OnRobot, Blue Ocean Robotics, Universal Robots, Mobile Industrial Robots, Cabinplant and Jorgensen Engineering are all based in Odense.
Denmark's robotics industry is world-leading "The Danish robotics industry is today a global market leader in the development and production of robotics technology," says Mikkel Christoffersen, business manager of Odense Robotics. "The recent report confirms that Denmark has developed a solid foundation for realizing the growth potential of this fast-growing industry that investors should keep an eye on as it is fast becoming very attractive for both seed-money and venture capital investment."
Start-ups at all levels with big opportunities
A healthy fast-growing business environment In 2017, 49% of companies said their financial result was acceptable or satisfactory. This strong top and bottom-line growth shows a profitable industry successfully performing in terms of both development and sales. Turnover is set to increase significantly in the coming years. Almost 40% of companies expect a 20%+ increase in turnover in 2018 compared to previous year, and almost 70% expect a 20%+ increase in turnover for 2019-2021 compared to 2017. The total number of employees in the cluster is more than 3,600. The vision of the mayor of Odense is that Odense becomes the world's leading robotics city. More about three of the ventures present at Odense Investor Summit 19:
At start-up level: A voice controlled cutting robot Giving craftsmen the easy voice responsive access to precision cutting speeds up building processes markedly in small as well as big constructions. At European level, the market for construction alone is €750 billion. Kobots' goal is to have a market share of minimum 5% within a year. For further information, please contact Peter Hartvigsen, CEO, Kobots - Voice Responsive Robotics: [email protected] and +45 4080 1212 or see www.kobots.dk
At venture level: Vision technology improves packaging quality and
reduces waste For further information, please contact Jesper Bach, CEO, Trivision: [email protected] and 41104282 or see www.trivision.com.
At established level: A robot venture "factory" All robots in the portfolio are created and commercialized based on reusable technology - and business components enabling the company to launch and scale new robots better, faster and cheaper than others. Each robot brand is set up as a venture company in itself. Blue Ocean Robotics is thus the first of its kind - a Robot Venture Factory. For further information, please contact Merima Cikotic, Market Intelligence Manager, Blue Ocean Robotics: +45 71 99 56 06 and [email protected] or see www.blue-ocean-robotics.com Useful links and downloads Read the full story of the development of "The leading robot city in the world" from the Lindø shipyard over the Maersk Institute to the focal point of collaborative robots, backed by other robot and automation companies here. Read the full program of Odense Investor Summit 19 here. Download photos from Odense Investor Summit and Odense here. View source version on businesswire.com: https://www.businesswire.com/news/home/20190509005826/en/ |