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Avidbots designs and manufactures autonomous connected robots to expand human potential. Its ground-breaking product is Neo, an autonomous floor-scrubbing robot widely deployed by the world’s leading facilities, including airports, warehouses, manufacturing sites, malls, universities, and other commercial spaces worldwide.

Founded in 2014 by two robotics engineers from the University of Waterloo (Pablo Molina and Faizan Sheikh), the company today has a rapidly expanding customer base in over a dozen countries and offers comprehensive service and support to customers on five continents. Avidbots has grown to be a global leader in commercial service robots, achieving many important industry firsts along the way.

Investment year: 2019
Industry sector: Hardware
Region: Ontario
Fund:  Co-Investments
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BDC Venture Capital Partner

Ian Wyatt