As the Chancellor set out plans in yesterday’s budget for a further £500 million to boost science and innovation with support for electric vehicles, robotics and artificial intelligence, Dominic Keen, Founder of Britbots, the network of UK-based robotics start-ups, said:
“Some of the great robotics companies of the future are being launched by British entrepreneurs and the support announced in today’s budget will to strengthen their impact and global competitiveness. We’re currently seeing strong appetite from private investors to back locally-grown robotics businesses and this money will help bring even more interest in this space.”