Robotics startup Milvus Robotics received an investment of $600 thousand from APY Ventures in its investment tour. With this investment, the venture aims to expand its activities in the American and European markets.
Milvus Robotics stands out as a robotics initiative serving in line with its vision of smartening intralogistics processes in factories and warehouses with its robot and software solutions. Aiming to use autonomous mobile robot technology for factories and warehouses in a more practical, accessible and beneficial way, Milvus enables its customers to take the operations and organization to the next level with robots that can work independently and in the same area as operators, without installing any infrastructure, through the innovative technology it has developed. It can maximize both productivity and efficiency with fully integrated material transfer processes that allow instant monitoring of all steps.
Milvus Robotics is one of the leading companies in Turkiye that produces turnkey solutions for robots, their autonomy software, traffic and fleet management software, task managers and integration infrastructures with other systems. With the AMR (Autonomous Mobile Robot) technology it has developed, the venture provides services to many well-known global companies such as Unilever, Nissan, Sisecam, BSH, Henkel in Turkiye and abroad. In addition, with its robots, it achieved a remarkable performance by reaching over 2 million working hours in 15 different countries of the world.
“We will accelerate our investments in our technical support and R&D teams”
Making statements about the investment they received, Milvus Robotics CEO Samil Ozden said,
We aim to accelerate our current international sales and marketing organizations, especially in the American and European markets, with the investments we have already received and the tours that will continue in the upcoming period. In parallel, we will accelerate our investments, especially in our technical support and R&D teams. In this direction, we are happy to have completed our first investment round with APY, which stands out with its deep technology investments.
“We think we will make significant contributions to Milvus’ growth journey”
Speaking about the investment process, APY Ventures Manager Mustafa Keceli said;
“We are not only financial investors, but also offer an ecosystem for venture companies in terms of the fund strategies we invest in. We offer startups the opportunity to become a stakeholder in the mobility ecosystem shaped in Bilisim Vadisi with the Bilisim Vadisi SYF. We think that we will make significant contributions to Milvus’s growth journey with the synergy we will achieve with the OSTIM GDP that we have established for the OSTİM Region, one of the pioneers of the Turkish industry, and the industrial establishments operating in the region. Milvus, which has a highly experienced team in the field of robotics and mechatronics, stands out from its competitors as a highly capable enterprise in terms of both production and R&D. We aim to continue to invest in such technology initiatives that will accelerate the technology adaptation of traditional production and to contribute to the ecosystem in the coming period.”
Source: Egirisim / Prepared by Irem Yildiz