The Robot Exchange has secured £500k investment from leading private equity investment firm, Foresight.
The Nottingham-based business supplies Robotic Process Automation (“RPA”) software and services to deliver efficiencies to businesses, helping them streamline and automate their processes via robotic infrastructure.
The funding will be used as growth capital, helping The Robot Exchange further innovate in the RPA sector -enabling greater investment in more technical solutions and increasing the volume of customers, markets and platforms that The Robot Exchange can serve. The Company plans to create an additional five jobs in the near term.
The Robot Exchange focuses primarily on driving efficiencies in the UK enterprise market in a variety of market sectors such as financial services, the lettings industry and wealth management sector.
The Midlands Engine Investment Fund project is supported financially by the European Union using funding from the European Regional Development Fund (ERDF) as part of the European Structural and Investment Funds Growth Programme 2014-2020 and the European Investment Bank.