The fund has acquired a stake in Dutch company ExRobotics which manfacturers modular robots that can carry out remote inspections of oil and gas facilities more efficiently and with a lower safety risk than those carried out by humans.
“The robots’ potential applications in the oil and gas industry touch on themes that we consider particularly important, like safety, maintenance and digitalisation,” said Frans van der Harst of Rotterdam Port Fund. “We are delighted that we are able to support ExRobotics in their ambitions and to help put these robots on the market.”
The investment will give ExRobotics both funding and access to the Rotterdam Port Fund network.
“Rotterdam Port Fund’s participation will enable us to sell our robot all over the world,” said Iwan de Waard general manager of ExRobotics.
The independent investment fund is an initiative of the Port of Rotterdam Authority, NIBC Bank, InnovationQuarter, Royal Doeksen and the Rotterdam entrepreneurs Peter Goedvolk and Luc Braams.
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