About Furhat Robotics
Furhat Robotics is a company based in Stockholm (Sweden) founded in 2014 by Jonas Beskow and Gabriel Skantze.. Furhat Robotics has raised $4.52 million across 9 funding rounds from investors including European Union, Balderton Capital and European Research Council. Furhat Robotics has completed 1 acquisition, including Misty Robotics. Furhat Robotics offers products and services including Furhat Robot, FurhatAI, and FurhatSDK. Furhat Robotics operates in a competitive market with competitors including UBTECH, Softbank Robotics, Intuition Robotics, Misty Robotics and Embodied, among others.
- Headquarter Stockholm, Sweden
- Founders Jonas Beskow, Gabriel Skantze
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Sectors
Technology
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Email
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Phone
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Website
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Social
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Annual Revenue
$1.3 M (USD)23as on Dec 31, 2018
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Net Profit
$-388.2 K (USD)-6991as on Dec 31, 2018
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EBITDA
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Total Equity Funding
$4.52 M (USD)
in 9 rounds
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Latest Funding Round
$60.62 K (USD), Grant
Apr 30, 2021
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Investors
European Union
& 5 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Furhat Robotics
Furhat Robotics offers a comprehensive portfolio of products and services, including Furhat Robot, FurhatAI, and FurhatSDK. 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.
Robot for advanced human-robot interaction in research
Platform for creating conversational applications with robots
Software for building and testing robot interactions
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Funding Insights of Furhat Robotics
Furhat Robotics has successfully raised a total of $4.52M across 9 strategic funding rounds. The most recent funding activity was a Grant round of $60.62 thousand completed in April 2021. 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 Total Funding
- Total Rounds 9
- Last Round Grant — $60,618
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First Round
First Round
(13 Sep 2017)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2021 | Amount | Grant - Furhat Robotics | Valuation |
investors |
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| Feb, 2020 | Amount | Grant - Furhat Robotics | Valuation |
investors |
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| Dec, 2019 | Amount | Seed - Furhat Robotics | Valuation | Qualgro |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Furhat Robotics
Furhat Robotics has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include European Union, Balderton Capital and European Research Council. 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.
| Investor | Description | Founded Year | Domain | Location |
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Government agency and accelerator focusing on innovative startups and SMEs
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Founded Year | Domain | Location | |
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Investments in early-stage tech startups are managed by Qualgro.
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Founded Year | Domain | Location | |
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Multistage venture capital investments are focused on technology sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Furhat Robotics
Furhat Robotics has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Misty Robotics. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Personal robots for homes and offices are developed.
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2017 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Furhat Robotics
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Furhat Robotics Comparisons
Competitors of Furhat Robotics
Furhat 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 UBTECH, Softbank Robotics, Intuition Robotics, Misty Robotics and Embodied, 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 |
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| domain | founded_year | HQ Location |
Service robots for education, home assistance, and security are developed.
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| domain | founded_year | HQ Location |
Humanoid social robots are provided for homes and businesses.
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| domain | founded_year | HQ Location |
AI-based social robots are provided as companions for the elderly.
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| domain | founded_year | HQ Location |
Personal robots for homes and offices are developed.
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| domain | founded_year | HQ Location |
AI learning robots for children are developed and provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Furhat Robotics
Frequently Asked Questions about Furhat Robotics
When was Furhat Robotics founded?
Furhat Robotics was founded in 2014 and raised its 1st funding round 3 years after it was founded.
Where is Furhat Robotics located?
Furhat Robotics is headquartered in Stockholm, Sweden.
Who is the current CEO of Furhat Robotics?
Samer Al Moubayed is the current CEO of Furhat Robotics.
Is Furhat Robotics a funded company?
Furhat Robotics is a funded company, having raised a total of $4.52M across 9 funding rounds to date. The company's 1st funding round was a Seed of $2.02M, raised on Sep 13, 2017.
What is the annual revenue of Furhat Robotics?
Annual revenue of Furhat Robotics is $1.3M as on Dec 31, 2018.
What does Furhat Robotics do?
Furhat Robotics was founded in 2014 in Stockholm, Sweden, as a research organization focused on social robotics. Human-like interfaces with social intelligence are built by the company, enabling interactions with social robots. Operations center on Furhat OS, an operating system and programming platform informed by human behavior principles. Capabilities such as body tracking and expression reading are supported. The domain furhatrobotics.com is utilized for online presence.
Who are the top competitors of Furhat Robotics?
Furhat Robotics's top competitors include UBTECH, Softbank Robotics and Intuition Robotics.
What products or services does Furhat Robotics offer?
Furhat Robotics offers Furhat Robot, FurhatAI, and FurhatSDK.
How many acquisitions has Furhat Robotics made?
Furhat Robotics has made 1 acquisition, including Misty Robotics.
Who are Furhat Robotics's investors?
Furhat Robotics has 6 investors. Key investors include European Union, Balderton Capital, European Research Council, EIC Fund, and Qualgro.
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