✉news TechnologyRobotics first seen 10 h ago, last 7 h ago, peak #11
Extend Robotics raises £2.6 million to sell factory work, not robots
UK robotics firm Extend Robotics has raised £2.6 million in funding, with the company framing its offer as selling factory work output rather than robots themselves. The startup develops technology that allows workers to remotely operate robotic systems in industrial settings, letting factories commission tasks instead of buying hardware.
Why now: The startup's unusual 'sell work, not robots' business model and new funding round are drawing attention in the robotics sector.
Evidence
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