Automation specialist secures funding to drive growth and expansion plans
An automation specialist known for developing ‘plug and play’ robotics has secured £350,000 in funding from the Midlands Engine Investment Fund II, managed by Frontier Development Capital (FDC).
The debt financing will enable Mechatronic Production Systems to meet growing demand from manufacturers looking to automate their processes.
The funding will also support the expansion of its team at the Birmingham plant, creating seven new jobs.
Founded 35 years ago to provide automation systems, Mechatronic was among the first in the UK to introduce ‘off the shelf’ robotics with its Robopod system in 2014, which now contributes nearly half of the company’s revenue.
Robopod provides a solution for automating repetitive tasks like assembly, ultrasonic welding, glueing, dispensing, inspection, laser marking, and machine tending. It can be adapted and reconfigured for various applications.
Tony Parker-Watkins of Mechatronic Production Systems, said: “Robots can now easily take on simple repetitive tasks within factories, improving efficiency and freeing up humans to focus on more skilled and productive work. With labour shortages and growing awareness of the potential for automation, our solutions are attracting interest from companies throughout Europe. We currently have a strong order book and record sales pipeline. The funding will enable us to expand our production capacity.”
Jody Tableporter, director at the British Business Bank, said: “The Midlands Engine Investment Fund II invests in innovative, solution-driven businesses across the Midlands. With a clear commitment to providing bespoke solutions for clients in various sectors, Mechatronic Production Systems will use the funding to meet growing demand and create local jobs – showcasing the fund’s impact in the region.”