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Successfully funded
Academy of Robotics
97%
Raised
£291,980
Investors
261
Target
£300,000
Equity
15.38%
Pre-money valuation
£1,650,000

Founded by a Dragon’s Den veteran, Academy of Robotics is developing Kar-Go – an Artificial Intelligence controlled driverless delivery vehicle designed to deliver multiple packages to multiple addresses in residential areas. Accepted onto Nvidia’s Inception AI Accelerator.

  • Currently finalising their first full-size prototype for testing
  • Working with Pilgrim, a UK car manufacturer
  • In discussions with several of Europe’s largest FMCG brands to secure
  • Seeking to address the $78b last-mile delivery market

Idea

Academy of Robotics is developing Kar-Go - one of the world’s first AI controlled pod-shaped driverless vehicles to autonomously deliver multiple packages to residential areas, with the aim to remove the need for humans in last mile delivery. This allows customers to receive deliveries at almost any time, and at a fraction of the traditional cost.

Artificial Intelligence is used to navigate the vehicle as well as manage the entire delivery.

On the Road to Innovation:

Falls within DfT's Centre for Autonomous Vehicles Code of Practice to allow Kar-Go to be tested on UK roads

Currently finalising our first full-size prototype vehicle in preparation for our launch event

Working with UK car manufacturer Pilgrim, which has made custom cars for over 30 years and will be working with Kar-Go to develop its vehicles in the Pilgrim facility

Accepted into Nvidia’s Inception AI Accelerator program for AI start-ups, allowing Kar-Go to leverage its GPU and AI resources for Driverless Cars (the same driverless technology as Tesla, Mercedes and Audi)

In early stage discussions with several of Europe’s largest FMCG brands and is working to have on-the-road autonomous delivery trials later this year.

Aims to develop two street-legal delivery vehicles to test on the road with retailers by the end of 2017, and will raise a Series-A investment round in 2018 for a larger roll-out and paid trials

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Investments of this nature carry risks to your capital, including illiquidity, lack of dividends and dilution. Balance risk with a diversified portfolio. Read more. Approved as a financial promotion by Crowdcube Capital Limited, which is authorised and regulated by the Financial Conduct Authority.

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