American company BGV Trident Capital, founded by ATB co-owner Hennadiy Butkevych and Ilya Ponomarev, has invested $5 million in Deus Robots, a robot production startup founded by Pavlo Pikulin in 2018, according to Forbes.
According to the owner of Deus Robots, the investment will go towards establishing mass production in Kyiv with a capacity of 400 robots per month. The money from American company BGV Trident Capital will also be used to expand the team to 80 people and to take the company’s robot production to international markets, including the United States, Poland, Germany, the Czech Republic, and other countries. Abroad, Deus Robots intends to work with businesses that have warehouses, such as retailers, postal operators, and pharmaceutical companies.
So far, Deus Robots has developed on the investments of its founders. Pikulin has already invested more than $1 million in the project’s development. In 2021, Deus Robots released and delivered 40 robots to customers. In Ukraine, the startup works with Nova Poshta, but Pikulin has said that he is in talks with 13 local companies, according to Forbes.
Deus Robots already has orders for the delivery of more than 400 robots in 2022-2023. According to Pikulin, the investment in robots can be paid off from the first day if they are rented, or within 1-3 years if they are purchased.
Deus Robots is a Ukrainian robotics company founded in 2018. Deus Robots specialists have developed six wheeled robots for work in warehouses, which navigate using QR codes located on the floor. These robots increase work efficiency: an average person sorts 500 parcels per hour, while with the robot, the number increases threefold to 1500 parcels.
The ATB grocery store chain is the largest supermarket chain in Ukraine. Hennadiy Butkevych is a co-founder of the ATB supermarket chain.