Combining AI, Robotics and Mechanical Engineering to Revolutionise Farming Efficiency.
Hilco is delighted to offer for sale an R&D fruit and vegetable harvesting automation technology company combining AI, robotics and mechanical engineering to revolutionise farming efficiency. The Company has benefitted from substantial investment and represents an excellent opportunity to acquire a pioneering Agrifood automation R&D Business including its intellectual property portfolio and robotic assets.
Overview
Via the integration of AI, robotics and mechanical engineering the Company is automating such tasks as tomato harvesting
3D AI data engine facilitates sevenfold faster harvesting than traditional labour intensive methods
The Company’s Robots as a Service (RaaS) model offers comprehensive grower solutions
Utilisation of off-the-shelf robot arms providing an efficient and reliable solution
Technology backed by innovative patents
Total Company investment to date c.£9m
The Business
Expert team of engineers, PhD researchers, and computer scientists
Partnering with UK and Netherlands growers to refine solutions practically
London based headquarters and research facilities
Developing two product solutions:
Robotic-assisted harvesting with AI-enhanced crop identification
Automation and increased speeds and accuracy for routine tasks such as packaging
Company Assets:
Intellectual Property Assets
A portfolio of patents and patent applications relating to devices for handling objects and method and systems for agriculture
Approximately 20 domain names relating to the Company and product names
Trademarks (registered and unregistered) relating to the Company name and products
Copyright in the website content
Social Media Accounts
Prospective customer and supplier data
Projects and Prospects
The existing projects and pipeline prospects
Stock
A stock of robotic parts with a cost price of c.£100,000
Computer Equipment
Computer equipment with a book value of c.£65,000
Goodwill
The goodwill attaching to the business and brand
Sale Process and Further Information
On receipt of a signed non-disclosure agreement (NDA), access will be provided to a virtual data room housing additional information. To access the NDA, please click the link, sign and return via email to rcramp@hilcoglobal.eu and apercival@hilcoglobal.eu.
Terms and Conditions
No warranties, express or implied, are provided in relation to any information or statements made in connection to this opportunity. The information contained herein, and within the project dataroom, has not been verified by Hilco and prospective purchasers must undertake their own due diligence to satisfy themselves as to the accuracy of all such information and any statements made. Hilco’s full Terms and Conditions apply. Hilco acts as agent for the Vendor who offers for sale only such right, title and interest the Company possesses in the assets.