# Q-Bot

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/q-bot

- Industry: Heating, Cooling & Ventilation Equipment and Services
- Headquarters: London, UK
- Website: www.q-bot.co
- Total disclosed funding: $8M
- Latest round: Seed (Nov 23, 2022)
- Investors on record: 5

## About

Based in London, UK, Q-Bot Limited is a robotics company focused on underfloor insulation solutions that enhance energy efficiency and home comfort through innovative technologies.Q-Bot Limited, founded in 2012, specializes in robotic insulation solutions. The company has undergone strategic developments to enhance its service offering. Headquartered in London, UK, Q-Bot was co-founded by Peter Childs and Tom Lipinski. The current CEO is John Kennedy. As of December 2024, the company has raised a total of GBP 1.300 mn across multiple funding rounds, with the latest being a SEED round amounting to GBP 3.518 mn involving investors such as Adjuvo, EMV Capital, and Wealth Club. The most recent deal occurred on December 3, 2024.Q-Bot specializes in innovative underfloor insulation solutions designed to enhance home comfort and energy efficiency. Their primary product employs robotic technology to spray insulation beneath floors, effectively minimizing heat loss and reducing drafts. This service is particularly beneficial for homeowners and landlords facing issues like cold floors, draughty rooms, and exposed pipes in underfloor spaces. The insulation not only improves thermal comfort but also reduces air and moisture infiltration, thereby enhancing indoor air quality and protecting homes from potential radon exposure. Q-Bot's services are available in the UK market, particularly targeting residential properties where improved energy efficiency and comfort are sought after by clients looking to upgrade their living spaces.Q-Bot generates revenue primarily through direct-to-consumer transactions, where homeowners and landlords contract their robotic insulation services. The company partners with organizations such as EON under the Great British Insulation Scheme (GBIS), which offers funding towards installation costs, thereby facilitating client acquisition and service uptake. In 2022, the company reported a revenue of GBP 3,355,841.80 and an EBITDA of GBP -1,595,344. Transactions typically involve a one-time service fee for the underfloor insulation installation, which is supported by the GBIS funding—averaging around GBP 1,377 per installation. This strategic partnership enhances the affordability of Q-Bot's offerings, expanding their reach within the customer base of homeowners looking for energy-efficient solutions.Q-Bot Limited plans to leverage recent funding to enhance its product offerings and expand into new markets. Following the recent venture debt funding of GBP 630,000 from EMV Capital in December 2024, the company is focused on developing new insulation technologies aimed at increasing efficiency and reducing costs. Additionally, Q-Bot intends to explore market opportunities beyond the UK, aiming for expansion into European markets by 2025. These initiatives reflect the company's commitment to advancing its technologies and broadening its customer base in energy-efficient home solutions.

## Funding rounds

- Seed, Nov 23, 2022, $4.2M — Adjuvo, Wealth Club, EMV Capital
- Series A, Nov 23, 2018, $3.8M — EcoMachines Ventures, Wealth Club, Foundamental

## Investors

- EcoMachines Ventures — Series A
- Wealth Club — Series A, Seed
- Foundamental (https://capitalatlas.ai/funds/foundamental) — Series A
- Adjuvo (https://capitalatlas.ai/funds/adjuvo) — Seed
- EMV Capital (https://capitalatlas.ai/funds/emv-capital) — Seed