ISYBOT raises €3m from Saint-Gobain Surface Solutions
and CEA INVESTISSEMENT
Paris, 14th June 2023 - ISYBOT, a French start-up designing collaborative robots for industry (cobots), has today raised €3 million from Saint-Gobain Surface Solutions, CEA Investissement and its historic investors (KAROT CAPITAL, CALAO FINANCE).
The company has set itself three objectives for this fund-raising: to develop its international sales network, to create new uses for its cobots and to extend its range.
Become a major player in interactive cobotics in Europe!
ISYBOT designs, assembles and markets collaborative robots (cobots) dedicated to sanding, grinding and polishing. SNCF, AIRBUS, SAFRAN, IVECO, AIR France INDUSTRIES and BENETEAU use its robots on a daily basis.
ISYBOT provides a broader response to the automation of tasks that require the commitment of a human operator, by assisting and replacing him or her in the tedious and repetitive aspects of these tasks. With this in mind, ISYBOT has designed the first truly interactive cobot that can be used by anyone.
The cobot perpetuates operators’ know-how enabling productivity gains even for small production runs.
Since its creation at the end of 2016, ISYBOT has gained the trust of major manufacturers and has been able to verify the validity of its vision of successful task sharing between man and robot. Today, ISYBOT is celebrating its 50th cobot.
Like all cobots, they can increase productivity and standardise the quality of a task. But in addition to traditional cobots, operators (very often body repairers) are trained in the ISYBOT cobot in less than half a day and are immediately autonomous in its programming and deployment anywhere in the plant.
At the same time, ISYBOT meets CSR challenges such as preserving human skills with a cobot that is safe and intuitive to program, focusing operator time on added value and, of course, reducing musculoskeletal disorders (MSD: €1 billion in reimbursements for days not worked in France every year).
ISYBOT has thus created agile automation, a unique concept based on a major technological breakthrough: the replacement of standard gears by ball screws and cables (CEA patents) in the cobot. This major change gives ISYBOT cobot the ability to control force applied, and thus sanding pressure, without any sensor. The cobot is also safer and easier to use because of much lower inertia and friction.
Thanks to this round of funding and the strategic partnership with Saint-Gobain Surface Solutions, the next few years will witness the expansion of ISYBOT's sales network in Europe and cobotic applications, as well as the launch of its 20kg load capacity cobot.
About Saint-Gobain Surface Solutions
Saint-Gobain Surface Solutions is a global company that designs and manufactures high performance solutions through its product offering of abrasives, adhesives, sealants, tapes, composites and films.
Its efficient, accurate and easy-to-use solutions enable customers to shape, protect and bond surfaces of all materials, for the most complex and challenging applications. Working closely with customers, expert partners and end-users, Saint-Gobain Surface Solutions designs and delivers customised solutions that guarantee the best option in terms of performance, cost and safety.
As part of the Saint-Gobain Group, we believe in progress and seek to change the game by improving individual and collective health and well-being. We are convinced that solutions that meet everyone's essential needs and enable us to live better together, without endangering future generations, have yet to be invented. Our commitment to achieving this ambitious goal is guided by our shared vocation of transforming surfaces and beyond - making the world a better home.
Find out more: www.linkedin.com/company/saint-gobain-surface-solutions
About CEA Investissement
CEA Investissement is a 100%-owned subsidiary of CEA, which holds its portfolio of strategic capital investments. Its capital is €72m.
CEA Investissement takes stakes in start-ups with a dual objective: a value-adding objective (to enable the emergence and development of high-tech companies that make the most of research results) and a financial objective (to ensure a return on its investments).
In this way, CEA Investissement supports strategic sectors, co-founds start-ups in the case of spin-offs (CEA founding shares), and takes equity stakes in investment funds.
CEA Investissement is advised and operated by the management company Supernova Invest.
Find out more: https://www.cea-investissement.com/
About Karot Capital
Karot Capital invests €500k to €2 million in young innovative companies alongside committed entrepreneurs, mainly in the Deeptech, Health, and Consumer Disruption sectors.
Karot Capital currently supports fifteen teams.
Find out more: https://karot.capital/en/en-home/
About Calao Finance
CALAO FINANCE is an independent private equity company, specialized in financing european sme. The company is authorised and regulated by the French financial authority (Autorité des Marchés Financiers), offering a range of private equity investment solutions.
The company has a team of around twenty investment professionals and sector experts. Funds advised or managed by Calao Finance, aimed at private, professional and institutional investors, have helped to finance 111 French SMEs.The management company is a signatory of the Principles for Responsible Investment (PRI) initiated by the United Nations (UN).
Find out more: https://www.calaofinance.com/
About Socomore Ventures
Socomore Ventures is an investment fund dedicated to supporting start-ups and technologies relevant to the SOCOMORE Group. Investments focus on disruptive industrial technologies with existing or potential applications in the aerospace, transport and energy markets.