Ukrainian company Deus Robots has issued a press release announcing that it has received $5 million in funding from BGV Trident Capital, owned by Ilya Ponomarev and Hennadiy Butkevych (co-owner of ATB), for the development of their robot manufacturing. The Deus Robots startup was created in 2018 to establish the production of robots. Its founder is Pavlo Pikulyn.
According to Deus Robots, the funds will be used to set up serial production of Ukrainian robotics specifically for warehouse logistics. The company also plans to expand its capabilities in developing new technical solutions and enter the international market. The startup has plans to produce an average of 400 robots per month by the end of this year. Only 40 such machines were produced by the end of last year. Pavlo Pikulyn previously invested over a million dollars in the development of his enterprise. According to him, the company intends to create and produce machines that can replace sorters and order pickers in warehouses, as well as work on pallet transportation. In the future, the company plans to create three more new robot models for performing other functions, such as picking goods from shelves and racks.
According to Managing Partner of BGV Trident Capital, Ilya Ponomarev, creating robots is one of the most promising areas of high-tech development. The replacement of manual labor with machine labor is an ancient dream of humanity, and he is glad that a Ukrainian company has taken the lead in this process. As an investor, his company will help with everything it can and contribute to the global success of Deus Robots in the world market.
Pavlo Pikulyn reported that Deus Robots has already received orders for over 400 robots, which customers expect in 2022-2023. Currently, among the most promising clients is Nova Poshta.