UK factories rent robots by result
Deal of the Week
- Startup
- Extend Robotics
- What
- Robots installed in factories, paid for by results, not capex
- Raised
- $3.3M Seed
- Where
- United Kingdom
- Picked by
- Priyanka Savjani
Ask a UK manufacturer why they haven't automated and the answer is almost always the same — the upfront capex. Extend Robotics has a neat answer. Don't sell the machine. Sell the finished work.
Customers pay for results and Extend takes on the operational risk. A $3.3M seed to do it, and already 35 paying customers across automotive, aerospace, nuclear and agriculture. Leyland Trucks is one. A UK apple grower using a humanoid for quality control is another (yes, really).
Robotics-as-a-service has been promised for years. This looks like a team actually shipping it.
Why it matters
“Instead of selling factories and expensive machine, it sells them the finished work.”