About Evolution Robotics
Evolution Robotics is a publicly listed company based in Pasadena (United States) founded in 2001, and was acquired by iRobot in September 2012. Robotics solutions and intelligent products are provided by Evolution Robotics. Evolution Robotics has raised $13.88 million across 2 funding rounds from investors including iRobot, Vodafone and Datalogic. The company has 15,380 employees. Evolution Robotics has completed 4 acquisitions, including Galaxy Gaming, Livespins and NetEnt. Its website evolution.com draws about 774 thousand monthly visits. Evolution Robotics offers products and services including Live Baccarat, Live Poker, Live Roulette, Live Blackjack, and Slots. Its focus areas include Media & Entertainment, Gambling Tech, Online Gambling Platforms and Horizontal. Its legal entity is Evolution AB (publ).
Company details
Evolution Robotics was founded in 2001 in Pasadena, United States, and operates in the robotics sector. Solutions for robotic applications are developed, including the MINT robot for hard-surface floor cleaning. The ERSPA platform is offered as a software infrastructure for projects involving computer vision, navigation, path planning, and human-robot interaction. Operations focus on intelligent products and development tools for robotics functionality.
- Annual Revenue$2.48 B (USD)-3.05as on Dec 31, 2025
- Net Profit$1.28 B (USD)-17.37as on Dec 31, 2025
- EBITDA$1.64 B (USD)-6.31as on Dec 31, 2025
- Total Equity Funding$13.88M (USD)
in 2 rounds
- Latest Funding Round$165.29K (USD), Grant
Sep 2015
- InvestorsiRobot
& 6 more
- Employee Count15,380
- Investments & AcquisitionsGalaxy Gaming
& 3 more
- Acquired by
Products & Services of Evolution Robotics
Evolution Robotics offers a comprehensive portfolio of products and services, including Live Baccarat, Live Poker, Live Roulette, Live Blackjack, and Slots.
Interactive online card game with live dealers for players.
Real-time poker variant featuring live interaction and betting.
Wheel-based game with live dealers for immersive gambling.
Card game against dealer with live streaming and options.
Variety of slot games with themes and bonus features online.
Apps and channels of Evolution Robotics
its YouTube channel Evolution has 19K subscribers and 30 videos.
Videos from Evolution Robotics
The most watched videos on Evolution Robotics's YouTube channel, Evolution (19K subscribers). Click a video to play it here.
More on Evolution.
Funding Insights of Evolution Robotics
Evolution Robotics has successfully raised a total of $13.88M across 2 strategic funding rounds. The most recent funding activity was a Grant round of $165.29 thousand completed in September 2015. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $13.88M
- Total Rounds 2
- Last Round Grant — $165,289
- First Round $13.88M
(Nov 2008)
- Investors Count 5
All 2 funding rounds of Evolution Robotics with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2015 | $165,289 | Grant | – | – | |
| Nov 2008 | $13.88M | Series B | – | CMEA Capital |
7 investors in total: 7 institutional.
Investors in Evolution Robotics
Evolution Robotics has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include iRobot, Vodafone and Datalogic.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| cmea.com | ||||
Startups in diverse technology sectors are incubated by Idealab. | idealab.com | Pasadena, United States | ||
| quercustrust.com | ||||
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
Vodafone is recognized as a global telecommunications provider. | 1982 | vodafone.com | Newbury, United Kingdom | |
Automatic data capture and factory automation equipment is manufactured. | 1972 | datalogic.com | ||
Domestic cleaning robots are provided by iRobot. | 1990 | irobot.com | New Bedford, United States |
Investor details for Evolution Robotics
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People of Evolution Robotics
40 people are tracked at Evolution Robotics (20 in leadership, 20 in team); the tracked headcount is 15,380.
| Name | Role | Group |
|---|---|---|
Conor P. | Head Of International Technical Operations - Digiwheel | Leadership |
Jens von Bahr | CEO And Co-founder | Leadership |
Charomari Freixas Rodriguez | Head Of Studio | Leadership |
Jacob Claesson | CEO North America | Leadership |
Julija Korablova | Head Of Operations Lithuania, Romania, Bulgaria | Leadership |
Linda Andersson | Chief Operating Officer | Leadership |
Marianna Reva | Head Of Integrations Latam And Africa Regions | Leadership |
Alesia Stein | Head Of Commercial Operations (commercial Strategy & Development) | Leadership |
Angelo D'Ascenzo | Commercial Director | Leadership |
Daniel Tweedie | Head Of Marketing | Leadership |
Jesper von Bahr | Chief Strategy Officer | Leadership |
Viktor Gerenovskis | Commercial Director | Leadership |
Sarka Ford | Head Of Region | Leadership |
Asnate Loakman | Head Of Operations, USA | Leadership |
Mario Bruni | Head Of Region | Leadership |
Nikita Duhovnijs | Head Of Production Operations | Leadership |
Anna Kudrjavceva | Chief Properties & Studio Development Officer | Leadership |
Marcus H. | Chief Commercial Officer (cco) NA | Leadership |
Olive C. | Head Of Operation Support | Leadership |
Phillip Purcell | Vice President Of Business Development - Digiwheel | Leadership |
20 more people are available in the full profile.
Complete people profiles for Evolution Robotics
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IPO & Listings of Evolution Robotics
Evolution Robotics is a publicly listed company on the OMXSTO with ticker symbol EVO in Sweden, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date20 Mar 2015
- Listed onSTO: EVO
- Listed entityEvolution AB
- Exchange sectorTechnology services
- ISINSE0012673267
- Share price802.40 SEK (+0.3% on the day) · 2026-10-14
- Market capitalisation146,446,496,582.00 SEK
- Price to earnings13.8
- EPS (diluted, trailing year)58.08 SEK
- Volume (last session)69,171
Financials of Evolution Robotics
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 22.87B SEK | 11.76B SEK | 15.12B SEK |
| 2024 | 23.59B SEK | 14.23B SEK | 16.13B SEK |
| 2023 | 20.64B SEK | 12.29B SEK | 14.55B SEK |
| 2022 | 15.49B SEK | 8.97B SEK | 10.73B SEK |
| 2021 | 10.84B SEK | 6.14B SEK | 7.45B SEK |
Detailed financial statements for Evolution Robotics
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Investments & Acquisitions by Evolution Robotics
Evolution Robotics has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Galaxy Gaming, Livespins and NetEnt.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Casino table games and technology are developed and distributed. | galaxygaming.com | Las Vegas, United States | 2002 | Jul 2024 | •••• | |
Provider of a social casino gaming platform | livespins.com | Marbella, Spain | 2017 | Feb 2024 | $5.38M | |
Online casino slot games are developed for various platforms. | nolimitcity.com | Gzira, Malta | 2004 | Jun 2022 | $211.76M | |
Gaming solutions are developed for online casino operators. | netent.com | Stockholm, Sweden | 1996 | Jun 2020 | $2.09B |
Complete acquisition details for Evolution Robotics
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Timeline of Evolution Robotics
10 dated milestones of Evolution Robotics across 23 years, from founding to its latest funding, stage changes and deals.
- Founded Evolution Robotics is founded.
- Funding First funding round of $13.9M.
- Exit Acquired by Datalogic.
- Exit Acquired by iRobot.
- IPO Lists on the stock exchange (IPO).
- Funding Latest funding round, Grant, of $165K.
- Acquisition Acquires NetEnt.
- Acquisition Acquires Nolimit City.
- Acquisition Acquires Livespins.
- Acquisition Acquires Galaxy Gaming.
Web traffic of Evolution Robotics
The website of Evolution Robotics (evolution.com) receives about 774.3K visits a month and ranks #48,996 among all websites worldwide, #5,950 in Computers Electronics and Technology.
- Monthly visits774.3K
▲ 22.5% vs previous month
- Unique visitors220.1K
per month
- Global rank#48,996
among all websites
- Category rank#5,950
Computers Electronics and Technology · Computers Electronics and Technology
- Bounce rate36%
- Pages per visit10.3
- Average visit14 min 29 sec
- DevicesDesktop 49% · Mobile 51%
Websites whose visitors overlap most with Evolution Robotics. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
robotstore.com | robotstore.com | 100% | – | ||
| lynxmotion.com | 100% | 8.5K | #2,246,028 | View details | |
robots.net | robots.net | 100% | #341,223 | – | |
roboticstrends.com | roboticstrends.com | 98% | – | ||
androidworld.com | androidworld.com | 94% | #8,555,923 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 35 similar websites and full traffic analytics for Evolution Robotics
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Top companies in Gambling & Entertainment Platforms
3 companies that operate in the same segment as Evolution Robotics (Gambling & Entertainment Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Licensed sports merchandise, collectibles, and betting platforms are provided. | 2011 | New York, New York, United States | USD 4.85 B | 14,656 | ||
Developer of a micro-betting platform for sports | 2022 | Miami, Florida, United States | USD 102 M | |||
Provider of a P2P sports betting platform | 2021 | New York, New York, United States | USD 75 M | 94 |
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Related news about Evolution Robotics
Complete news archive for Evolution Robotics
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Frequently Asked Questions about Evolution Robotics
Evolution Robotics was founded in 2001 and raised its 1st funding round 7 years after it was founded.
Evolution Robotics is headquartered in Pasadena, United States. It is registered at Pasadena, California, United States.
Evolution Robotics is a funded company, having raised a total of $13.88M across 2 funding rounds to date. The company's 1st funding round was a Series B of $13.88M, raised on Nov 2008.
Evolution Robotics has 15,380 employees.
Annual revenue of Evolution Robotics is $2.48B as on Dec 31, 2025.
Evolution Robotics was founded in 2001 in Pasadena, United States, and operates in the robotics sector. Solutions for robotic applications are developed, including the MINT robot for hard-surface floor cleaning. The ERSPA platform is offered as a software infrastructure for projects involving computer vision, navigation, path planning, and human-robot interaction. Operations focus on intelligent products and development tools for robotics functionality.
Evolution Robotics offers Live Baccarat, Live Poker, Live Roulette, Live Blackjack, and Slots.
Yes, Evolution Robotics is publicly traded on OMXSTO under the ticker symbol EVO.
Evolution Robotics has made 4 acquisitions, including Galaxy Gaming, Livespins, and NetEnt.
Evolution Robotics has 7 investors. Key investors include iRobot, Vodafone, Datalogic, European Union, and CMEA Capital.
Evolution Robotics operates through Evolution Ab (Publ).
Yes. Evolution Robotics was acquired by iRobot in September 2012.