ASTI Mobile Robotics

Burgos, Spain Founded: 1982 • Age: 44 yrs Acquired By ABB
Mobile robots are manufactured for diverse industrial applications.
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About ASTI Mobile Robotics

ASTI Mobile Robotics is a company based in Burgos (Spain) founded in 1982 by Colette Boe and Angel Pascual was acquired by ABB in July 2021.. ASTI Mobile Robotics offers products and services including Flexley Tug, Flexley Mover, and Flexley Stack. ASTI Mobile Robotics operates in a competitive market with competitors including Clearpath Robotics, Gideon, Ghost Robotics, Capra Robotics and Yika Zhiche, among others.

  • Headquarter Burgos, Spain
  • Founders Colette Boe, Angel Pascual
  • Sectors
    Industrial Goods & Manufacturing
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $52.09 K (USD), Grant

    Jul 01, 2022

  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    ABB

    (Jul 20, 2021)

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Products & Services of ASTI Mobile Robotics

ASTI Mobile Robotics offers a comprehensive portfolio of products and services, including Flexley Tug, Flexley Mover, and Flexley Stack. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Pulls trolleys for material handling in industrial settings.

Transports loads on platforms for production and logistics.

Handles pallet stacking up to heights for warehousing operations.

Funding Insights of ASTI Mobile Robotics

  • Total Funding
  • Total Rounds 8
  • Last Round Grant — $52,094
  • First Round

    (07 Jan 2018)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2022 Amount Grant - ASTI Mobile Robotics Valuation

investors

Jan, 2021 Amount Grant - ASTI Mobile Robotics Valuation

investors

Oct, 2020 Amount Grant - ASTI Mobile Robotics Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in ASTI Mobile Robotics

ASTI Mobile Robotics has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include European Union and ABB. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
Founded Year Domain Location
Multi-utility robotic solutions and automation products are provided to industries.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by ASTI Mobile Robotics

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - ASTI Mobile Robotics

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Asti Mobile Robotics Comparisons

Employees
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Competitors of ASTI Mobile Robotics

ASTI Mobile Robotics operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Clearpath Robotics, Gideon, Ghost Robotics, Capra Robotics and Yika Zhiche, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Autonomous robots and software are provided for diverse industries.
domain founded_year HQ Location
Autonomous mobile robots for material handling are provided by Gideon.
domain founded_year HQ Location
Multi-legged robot platforms for rough terrain are developed.
domain founded_year HQ Location
UGVs for outdoor activities and surveillance are provided.
domain founded_year HQ Location
Unmanned ground vehicle robots are developed for commercial applications.
domain founded_year HQ Location
Developer of Unmanned ground vehicles
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Asti Mobile Robotics

Frequently Asked Questions about ASTI Mobile Robotics

When was ASTI Mobile Robotics founded?

ASTI Mobile Robotics was founded in 1982 and raised its 1st funding round 36 years after it was founded.

Where is ASTI Mobile Robotics located?

ASTI Mobile Robotics is headquartered in Burgos, Spain. It is registered at Burgos, Castilla Y Leon, Spain.

What does ASTI Mobile Robotics do?

ASTI Mobile Robotics was established in 1982 in Burgos, Spain. Mobile robots are produced by the company for sectors including automotive, logistics, food, manufacturing, retail, and aerospace. The portfolio encompasses towing robots, trolley robots, payload robots, palletized loading robots, and box mover robots. Navigation is automated, with object detection and obstacle avoidance integrated into the systems. Operations focus on industrial automation solutions across these industries.

Who are the top competitors of ASTI Mobile Robotics?

ASTI Mobile Robotics's top competitors include Clearpath Robotics, Gideon and Capra Robotics.

What products or services does ASTI Mobile Robotics offer?

ASTI Mobile Robotics offers Flexley Tug, Flexley Mover, and Flexley Stack.

Who are ASTI Mobile Robotics's investors?

ASTI Mobile Robotics has 2 investors. Key investors include European Union, and ABB.

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