• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to secondary sidebar
  • Skip to footer

Technology Conferences

Technology Events Calendar

  • Technology Events Calendar 2023-2024
  • Add Your Technology Event
    • Make a Contribution
  • Tech Jobs
  • Market Reports
    • Technology Digest
    • VC Digest
  • About
  • Contact

Odense Investor Summit 19 Offers Great Investment Opportunities in Danish High-Growth Robotics Companies

May 10, 2019 By admin

The biggest event for direct investment in Odense, home to the world-famous Danish robotics cluster, Odense Investor Summit 19, takes place June 26. The event offers a unique opportunity to see the most promising and exciting technologies in the fields of robotics, drones and health tech plus access to fellow investors and investor networks.

With the prospect of an estimated 2-300% growth by 2025, the Danish robotics cluster has a unique appeal to international investors. The cluster generated a turnover of €763 million in 2017 – a 32% increase since 2015, the equivalent of €238,000 on average per employee. The ripple effect of the cluster is known globally; since 2015, more than €750 million has been invested in the Odense-based robotics companies. 98% came from private investors, including U.S. based Teradyne acquiring the two young companies Universal Robots and Mobile Industrial Robots.

“The leading robot city in the world”

Odense Investor Summit 19 held June 26 is a platform where capital-seeking companies from one of Europe´s most dynamic robotics clusters, Odense Robotics, meet investors representing ‘smart money’ and risk capital. More than 20 international and Danish start-ups & SMEs within the areas of robotics, drones, and health-tech participate and meet with 120+ investors eager to invest in these industries.

At the Investor Summit in the city of Odense, which, besides housing the robot fairytale, is the birthplace of the Danish writer Hans Christian Andersen, participants can also meet the key people behind the creation of the successful European hot spot for robotics and automation, home to more than 130 robotics companies. The area’s explosive growth rate is closely connected to the cluster’s unique ecosystem well-known for its strong collaboration between the companies, research & educational institutions, and the public, accelerating the growth of numerous companies in a relatively small area. A total of 98% of companies in Odense Robotics say collaboration is their most important strategic focus area with 78% of companies collaborating with other cluster companies.

The Danish global market leaders in robotics arms, service robots and end-of-arm-tooling including OnRobot, Blue Ocean Robotics, Universal Robots, Mobile Industrial Robots, Cabinplant and Jorgensen Engineering are all based in Odense.

Denmark’s robotics industry is world-leading
Today, Denmark’s robotics industry employs 8,500 people and generates €2.4 Billion in turnover. In 2025, turnover is estimated to grow to €7 Billion and the number of employees to reach 25,000 – a three-fold increase in just six years. The numbers come from the first ever analysis of Denmark’s robot and automation industry and its contribution to the country’s economy, just released in a new report published by Damvad Analytics.

“The Danish robotics industry is today a global market leader in the development and production of robotics technology,” says Mikkel Christoffersen, business manager of Odense Robotics. “The recent report confirms that Denmark has developed a solid foundation for realizing the growth potential of this fast-growing industry that investors should keep an eye on as it is fast becoming very attractive for both seed-money and venture capital investment.”

Start-ups at all levels with big opportunities
At the Odense Investor Summit, promising ventures from start-up level to advanced level will present their companies, including:

Start-up level: Kobots – Voice Responsive Robotics. A mobile, voice-controlled cutting robot for the construction industry that increases production capacity up to 300%.
Venture level: Vision technology by Danish TriVision that helps manufacturers avoid expensive recalls by significantly improving quality and OEE uptime.
Advanced level: Blue Ocean Robotics, the first robot venture “factory”, that develops, produces, and sells professional service robots in healthcare, construction, agriculture, education, and other global markets.
A healthy fast-growing business environment
The City of Odense represents a healthy fast-growing business environment. Odense Investor Summit is bridging the gap between the robotic growth companies and investors. The number of companies in the cluster has grown by more than 50% since 2015.

In 2017, 49% of companies said their financial result was acceptable or satisfactory. This strong top and bottom-line growth shows a profitable industry successfully performing in terms of both development and sales. Turnover is set to increase significantly in the coming years. Almost 40% of companies expect a 20%+ increase in turnover in 2018 compared to previous year, and almost 70% expect a 20%+ increase in turnover for 2019-2021 compared to 2017. The total number of employees in the cluster is more than 3,600. The vision of the mayor of Odense is that Odense becomes the world’s leading robotics city.

More about three of the ventures present at Odense Investor Summit 19:
At start-up level: A voice controlled cutting robot
Kobots – Voice Responsive Robotics presents a mobile, voice-controlled cutting robot for the construction industry that increases production capacity up to 300% due to less wai time while materials are cut effectively and precisely the first time. The robot also reduces waste and increases safety and work environments. The world’s first voice controlled flexible cutting system precision cuts most materials from tiles to plaster, responding to voice orders. Due to advanced software, Kobots secures a stable dialogue between the craftsman and the cutting robot – easily, quickly and safely. The entire machine can be set up in 10 minutes and can be stored in two sports bags.

Giving craftsmen the easy voice responsive access to precision cutting speeds up building processes markedly in small as well as big constructions. At European level, the market for construction alone is €750 billion. Kobots’ goal is to have a market share of minimum 5% within a year.

At venture level: Vision technology improves packaging quality and reduces waste
The food industry can avoid expensive recalls, significantly improve quality and get better OEE uptime by using the vision technology of Danish TriVision, which has already increased the efficiency of leading Danish food production companies such as Arla Foods and Danish Crown. The technology ensures that premium goods are not discarded due to packaging errors.

At established level: A robot venture “factory”
Blue Ocean Robotics develops, produces and sells professional service robots in healthcare, construction, agriculture, education, and other global market verticals. The portfolio of robots includes brands like: UVD Robots, a mobile robot to disinfect hospitals and pharmacy industries, Multi Tower Robot, a mobile robot for safe patient handling and rehabilitation, and a handful of other service robots.

All robots in the portfolio are created and commercialized based on reusable technology – and business components enabling the company to launch and scale new robots better, faster and cheaper than others. Each robot brand is set up as a venture company in itself. Blue Ocean Robotics is thus the first of its kind – a Robot Venture Factory.

Filed Under: Announcements

Primary Sidebar

Technologies

Cloudflare Enters Fraud Detection Market with Cloudflare Fraud Detection
Devices utilizing Wi-Fi HaLow technology are gaining momentum
Agile Software Development Tools and Technologies
Continuous Integration and Continuous Delivery in Agile
NuScale Power places first long lead material production order for the manufacture of SMR
Potential Applications That Could Accelerate the Adoption of 6G Technology
The Need for 6G Technology: Challenges and Opportunities

Market Analysis

DevOps and Agile: Integrating Development and Operations
China’s Use of Golden Shares: From Reducing State Role to Quietly Controlling Tech Giants
Why Amazon Acquired One Medical: Disrupting the Healthcare Industry with Technology-Enabled Care
The End of an Era: Why China is No Longer Viable as the World’s Factory
Cloudflare’s FedRAMP authorization opens up a huge market opportunity in the US government sector
Datadog’s strong financial results for the fourth quarter and fiscal year 2022 provide a solid case for a Buy recommendation
Cisco: Struggling to find new avenues of growth

Secondary Sidebar

Market Research Media

Agile Leadership: Leading Agile Teams for Success
Chinese Brands Reach New Heights of Popularity in the West Amid Growing Political Tensions
Unrestricted Streaming: How VPNs Can Enhance Media Consumption Experience
How the world’s biggest companies have built and defended their moats
Virtual Learning Environments: A Game-Changer in Education?

Venture Capital

African Venture Investment Soars to Record High, Fueled by Tech Startups
Pitchly Secures $7 Million Series A Funding for SaaS-Based Data Enablement Solution
Agile Project Management: Roles and Responsibilities
Candidly, a student debt and savings optimization platform, has raised $20.5 million in a Series B round of financing
GameTech Startups Attracting Venture Capital Funding: The Importance of VPN Security

Footer

Recent Posts

  • Splash User Conference and Partner Summit will take place from April 17 to 20, 2023 in Washington, D.C.
  • Fiber Connect 2023, August 20-23 2023, Orlando, Florida
  • International Battery Seminar & Exhibit (IBSE) on March 20-23, 2023 in Orlando, FL
  • MIT Technology Review’s Future Compute event, April 30 – May 1, 2023, MIT Campus, Cambridge, Massachusetts
  • 13th Annual 2023 State IT Connect Summit in Baltimore, Maryland, from March 6-8, 2023
  • DE{CODE} 2023, a conference for WordPress developer community, will take place virtually from March 21-23, 2023
  • The 2023 IEEE International Conference on Robotics and Automation (ICRA), 29 May – 2 June, 2023, ExCeL London
  • Tableau Conference, May 9-11, 2023, Las Vegas
  • Adobe Summit 2023, March 21-23, 2023, Las Vegas, Nevada, USA
  • The 2023 Design and Verification Conference and Exhibition United States (DVCon U.S.), February 27 to March 2, 2023 at the DoubleTree by Hilton Hotel in San Jose, California

Event Calendar

ProMat 2023, the leading trade show for the manufacturing and supply chain industry, March 20-23 2023, Chicago’s McCormick Place
Prints 2023, Printing Conference, March 3, 2023
Milan Design Week 2023, April 17-23 2023, Milan, Italy
The New York International Auto Show, April 7-16 2023, Jacob K. Javits Convention Center
Chicago Auto Show 2024, February 10-19, 2024, McCormick Place, Chicago

ESN

Agile Software Development Workshop, March 22, 2023
GameDev Workshop, From March 10, 2023
VPNW 2023, VPN Workshop, March 15, 2023
Virtual Job Fair Connects Job Seekers Around the Globe with Employers, February 25, 2023
Cloudflare Developer Meetup of 2023, March 16, 2023, Lisbon, Portugal

Calendarial

Gartner CSO & Sales Leader Conference 2023, May 16-17, 2023, Las Vegas, Nevada
The 13th World Chambers Congress will be held in Geneva from June 21-23, 2023
Sustainable Skies World Summit, 17-18 April 2023
Webinar: Agile Software Development Best Practices
Pitbull Conference, the largest private lending conference in the country, will take place from March 25-27, 2023, in Key Biscayne, Florida

App Coding

How to run WordPress on MongoDB
Dynamic Forms in React: A Guide to Creating Customizable and Flexible Forms
Building Scalable Mobile Apps: Tips and Techniques
The Power of Push Notifications in Mobile Apps
Building an App Without Coding Knowledge: A Guide to Non-Technical App Development

Copyright © 2022 TechnologyConference.com

Media Partners: Technologies, Market Analysis & Market Research and Exclusive Domains

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie SettingsAccept
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT