# Omnirobotic

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/omnirobotic

- Industry: Industrial Machinery
- Headquarters: Laval, Canada
- Website: www.omnirobotic.com
- Total disclosed funding: $5.7M
- Latest round: Seed (Sep 24, 2020)
- Investors on record: 5

## About

Omnirobotic Inc develops autonomous robotic solutions for surface finishing, primarily aimed at enhancing productivity in the manufacturing sector. Their technology simplifies complex processes, allowing for high-quality finishes with minimal human intervention.Founded in 2016 in Laval, Canada, Omnirobotic Inc focuses on delivering robotic automation solutions for the manufacturing industry. The company has received CAD 6.5 million in SEED funding, co-led by Export Development Canada and Fonds de solidarité FTQ, with participation from Real Ventures. The latest funding round occurred on September 24, 2020, bringing the total amount raised to CAD 6.5 million. The founder and CEO, Francois Simard, has a background in technology and innovation.Omnirobotic specializes in providing autonomous robotic solutions focused primarily on surface finishing for the manufacturing sector. Their flagship product, the PSA-80 PRO, offers a streamlined approach to sanding, grinding, and deburring, eliminating the need for complex programming or part-specific setups. This system allows users to load parts, initiate the process with a single button press, and achieve professional-grade finishes with minimal operator involvement. Targeted mainly at the cabinet manufacturing industry, Omnirobotic serves a diverse customer base, including firms such as Kivalo Fine Cabinetry, Cabinet Warehouse, and Adora Kitchens & Cabinetry. The company’s solutions are marketed in various geographical regions, with a strong emphasis on North America and Europe, addressing the needs of manufacturers seeking to optimize productivity and reduce labor costs through advanced automation.Omnirobotic's revenue model revolves around the direct sale of its robotic systems, particularly the PSA-80 PRO, which operates as a plug-and-play solution for clients in the manufacturing industry. Transactions typically occur on a B2B basis, where manufacturers purchase the robotic cells outright to integrate into their production lines. The company may also engage in partnerships that facilitate the distribution and support of its technology, enhancing customer experience and satisfaction. Given the advanced nature of its offerings, pricing structures are tailored to reflect the complexity and capabilities of the systems, encompassing various packages designed to meet the specific requirements of different manufacturers.Omnirobotic is focused on developing new products that enhance their robotic capabilities, with plans to unveil additional automation solutions in the coming years. The company aims to expand its presence in international markets, specifically targeting Europe and Asia by 2023. The recent CAD 6.5 million SEED funding will support these initiatives, enabling Omnirobotic to further innovate and enhance their product offerings while broadening their market reach.

## Funding rounds

- Seed, Sep 24, 2020, $4.9M — Export Development Canada, Real Ventures, Fonds de solidarite FTQ
- Seed, Jun 7, 2018, $0.8M — Real Ventures, Element AI Inc., Conception Genik, Inc.

## Investors

- Real Ventures — Seed
- Element AI Inc. — Seed
- Conception Genik, Inc. — Seed
- Export Development Canada — Seed
- Fonds de solidarite FTQ (https://capitalatlas.ai/funds/fonds-de-solidarite-ftq) — Seed