Husqvarna Group, global manufacturer of outdoor power products, will invest EUR 2.5 mio in the Munich-based startup Angsa Robotics, the Swedish group has announced in a press release. The investment is primarily aimed at accelerating the development and commercialisation of Angsa's groundbreaking robotics platform, it said. Angsa Robotics is developing an autonomous solution that provides a cost-effective, eco-friendly and AI-adaptive robot for waste collection in green spaces, the release adds.
"Husqvarna Ventures sees significant potential in Angsa Robotics' unique solution for automating waste collection in green spaces. By investing at an early stage, Husqvarna can contribute to the development of Angsa's innovative technology and contribute to potential future product offers. This investment aligns perfectly with our strategy to explore new complementary robotics applications and address the evolving needs of commercial green space management," says Mark Johnson, head of Husqvarna Ventures.