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Manufacturing and Retail

SOLENT AUTOMATION LTD.

Status: Active

Mar 26th 2020 - Oct 13th 2020

21 days left

Solent Automation specialises in developing, deploying and supporting automation robots to perform and tackle common manual labour-intensive tasks in factories. To solve the 'pick-and-place' challenges in an industrial setup, these robots are created with proven reliable components coupled with proprietary software to solve 'pick-and-place' challenges in an industrial environment. Two of the company's noteworthy products are 'SOLPAL 8' and 'SOLPACK 1XP, both are equipped with an all-in-one gripping tool, and can handle 16 boxes per minute and 60 packs per minute, respectively. Backed by a team of experts from manufacturing and robotics, Solent Automation provides on-site installation, training, and remote support for its products. There is also a rent-to-buy option through a 3rd party finance company. With the investment, the company aims at providing more robotic equipment most needed in factories focused on labour-intensive work functions.

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SOLENT AUTOMATION LTD. Rating Review

Rated on 13/04/2020

Pitch Rated

78%

overall

Management

71%

Product

77%

Investment

87%

Pitch rating powered by CROWDRATING

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  • 49% and under
    We suggest potential investors carry out further study of their own
    50-64%
    Room for improvement
    65-79%
    Worth considering
    80%+
    Gold rating, our highest rating
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Management 71%

Skills 64%
The team includes skilled professionals with expertise in their functional areas, which will help in streamlining the overall operations of the company. The CEO of the company has leadership skills and technical knowledge of the automation industry, while the CTO is a skilled electrical engineer and microcontroller programming specialist, a core skill required for the basis of their automation technology.

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Funding progress



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Pitch Rated

76%

Overall

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CROWD RATING™

pledged: 192% days to go: 14 investment: £125,019
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Pitch Rated

82%

Gold

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pledged: 100% days to go: 21 investment: £500,000

  • £76,000
    pledged
  • 21%
    of goal

    £350,000
    target

    £2,150,000
    pre-money valuation

    14.00%
    equity available

    4
    investors

    £19,000
    pledge per investor

    12342259
    company number

    Active
    company status

    02/12/2019
    incorporated 10 months

    £20.00
    share price

    Equity Calculator
    Investment
    £
    Equity
    %
    Previous Funding rounds
    26 Mar 20 Angels Den £76,000 / 22% 78.33%
  • Internet Business Awards Category Award Winner 2015
  • Hertfordshire Business Awards Finalist 2014

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