Oinride, a Tampere-based startup developing mobile robotics solutions for the mining industry, has raised €345,000 pre-seed investment. The funding round was led by EIT RawMaterials, and will enable Oinride to accelerate the development and deployment of its mobile robotics in the mining industry’s harsh environment.
About Oinride
- Oinride develops robotic solutions aimed at revolutionizing underground mining operations. The robots are equipped with sensors, navigation systems, and AI capabilities, allowing to navigate hazardous environments such as underground mines. In addition, these robots can communicate with other systems to enhance coordination and productivity.
- Oinride’s technology is also suitable for various rough terrain environments, including security and defense, nuclear waste management, and other challenging conditions.
- Recently, the company participated in the Startupbootcamp Renewable Energy & Net-Zero 2023 accelerator in Amsterdam. During the accelerator, Oinride has been supported by Fleur Engelberts, Joey Moreau, Aref Ghazvini, Natasha Amaral, Jeroen van der Lugt, Zahira R., and Tessa Landkroon.
Investment details
The fresh €345,000 pre-seed round also includes a €200,000 from Berlin-based EIT RawMaterials, an Innovation Community within the European Institute of Innovation and Technology (EIT). This financial boost will enable Oinride to accelerate the development and deployment of its mobile robotics designed to enhance safety and productivity in the mining industry’s harsh environments.
“This is a massive leap forward for us, propelling our mission to innovate and enhance the mining industry with our state-of-the-art mobile robotics solutions. This incredible achievement marks the beginning of an exciting journey ahead,” Oinride’s team commented.
Oinride also plans to launch a pilot project in the USA, expand its team, and refine their products for a broader market launch.
