# ACWA Robotics

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/acwa-robotics

- Industry: Industrial Machinery
- Headquarters: Bastia, France
- Website: www.acwa-robotics.com/
- Total disclosed funding: $1.2M
- Latest round: Series A (Mar 15, 2021)
- Investors on record: 3

## About

Founded in 2018 and based in Bastia, France, ACWA Robotics operates as a manufacturer of autonomous robots that help water utilities map and assess the condition of their network by collecting key data on visual defects, corrosion, leaks, and residual thickness. As of 2024, the company is led by its president, Jean Francois Rossi. In January 2024, ACWA Robotics raised EUR 3.8 million in venture funding from Banque des Territoires, UI Investissement, CAAP Creation, FMG Circular Invest, Calao Finance, and Région Sud Investissement.

The company specializes in the development of Pathfinder, which is a robotic solution designed to collect data within water pipes. The firm enables water utilities to gather essential information about the condition of their infrastructure, thus facilitating informed decision-making processes, by deploying autonomous and smart robots equipped with high-definition visual cameras and distance sensors. ACWA Robots’ objective is to assist water utilities in optimizing their operational processes, reducing maintenance efforts, and preventing losses. The firm’s technology also includes Canaloc, which is a GPS-free positioning technology, embedded and web-based IT and electronics, and an open platform to collect data. The company’s partners include SCP, Aqua Valley, INSA, Acqua Publica, and others.

The organization plans to use the January 2024 funding to continue product development and launch the marketing of its first robot.

## Funding rounds

- Series A, Mar 15, 2021, $1.2M — Sofimac Innovation, Région Sud Investissement, Acer Finance

## Investors

- Sofimac Innovation (https://capitalatlas.ai/funds/sofimac-innovation) — Series A
- Région Sud Investissement (https://capitalatlas.ai/funds/region-sud-investissement) — Series A
- Acer Finance (https://capitalatlas.ai/funds/acer-finance) — Series A