Harper Macleod advises cutting-edge robot mower business Kingdom Technologies on £400,000 investment.
The funding has come from a collection of investors, led by prominent European early stage investment firms Superangel and United Angels. The round includes a number of other Scottish and Estonian investors.
Kingdom Technologies Ltd was founded by an Estonian Joan Kangro and is based in the Business Hatchery at University of Glasgow. It has developed a next-generation robot mower using AI and a patent pending mapping technology which outperforms existing products in a market estimated to be worth around £20 billion a year. Kingdom has developed a cutting-edge mapping and positioning technology that enables the fully autonomous robot to mow much larger areas than the current state of the art.
Paula Skinner (Picture), Partner at Harper Macleod, advised on this transaction.
Involved fees earner: Paula Skinner – Harper Macleod;
Law Firms: Harper Macleod;
Clients: Kingdom Technologies Ltd;