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    Reference: 20190256
    Release date: 4 November 2019

    Promoter – Financial Intermediary




    Robart is an Austrian company that develops navigation and control units for household robots, including a patent protected compact laser sensor and software with artificial intelligence features. Robart's technology makes intelligent robotic navigation more efficient and improves human-robot interaction. The project finances research and development (R&D) to further enhance the functionality and intelligence of the robots and the company's market expansion.


    Development and commercialisation of next generation robotic navigation systems based on enhanced software and hardware, primarily dedicated to the household environment.


    Proposed EIB finance (Approximate amount)

    EUR 9 million

    Total cost (Approximate amount)

    EUR 19 million

    Environmental aspects

    The activities to be financed are not listed in any annexes of the Directive 2014/52/EU amending the EIA Directive 2011/92/EU.


    The promoter has been assessed by the EIB as being a private company not subject to EU rules on public procurement or concessions.


    Signed - 19/12/2019


    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
    They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Related tags

    Austria Industry