# Optimotive Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/optimotive-technologies

- Industry: Business Support Services
- Headquarters: Canada
- Website: www.optimotive.io/
- Total disclosed funding: $2M
- Latest round: Seed (Sep 10, 2024)
- Investors on record: 3

## About

Based in Ontario, Canada, and founded in 2018, Optimotive Technologies Inc. operates as a robotics engineering company that provides automation in extreme environments by building a robotic workforce. The company was founded by its CEO, Scott Fairley. In September 2024, Optimotive Technologies Inc. raised USD 2 million in seed funding led by Version One Ventures, Garage Capital, and Newlab.

The company has developed a fleet of advanced autonomous robots designed to enhance efficiency and safety in industries like oil and gas. The firm’s product line includes two key offerings: IRIS and BOX. The IRIS system automates data capture, providing scalable solutions for collecting information in challenging environments. The BOX system focuses on the automation of robot operations, streamlining the deployment and control of robots in the field.

The organization plans to use the September 2024 funding to accelerate the launch of two new autonomous robots, Muke and Scrubbles.

## Funding rounds

- Seed, Sep 10, 2024, $2M — Version One Ventures, Garage Capital, Newlab

## Investors

- Version One Ventures (https://capitalatlas.ai/funds/version-one-ventures) — Seed
- Garage Capital (https://capitalatlas.ai/funds/garage-capital) — Seed
- Newlab — Seed