Efficiently stack packages and objects of different sizes? With the intelligent on-the-fly mixed palletizer software that can make robots deal with flexible situations in a smarter way, this becomes a breeze. Viroteq makes grateful and efficient use of the latest machine vision and deep-learning techniques. Thanks to a fund managed by Horizon Flevoland, the company can now develop a prototype.
“Many stacking and packaging processes within the logistics industry are still performed by people, while this is physically very demanding and monotonous work. By using robots with our software in a smarter and more flexible way, we can automate these processes while at the same time improving the efficiency of the stack, “explains Evert van Galen, co-founder and CEO of Viroteq.
StartLife and Horizon Flevoland
“We are delighted to be able to fund this promising initiative and provide the company with the money for a working prototype. The target? Conquer the market, “said Inge Verschuur, investment manager at regional development company Horizon Flevoland. The fund is committed to enabling entrepreneurs to grow and at the same time to realize social challenges.
Horizon Flevoland is not the only investor. StartLife also believes in the company. Within the StartLife Accelerate Fall 2020 program , Viroteq developed a “proof of principle”; an experiment aimed at determining whether the invented technology actually works and is feasible. In this program Food & Agritech startups learn what is crucial in validating their business, how to attract financiers and grow their business. In addition, the program provides seed capital, business support and access to leading companies and investors.
Viroteq wants to sell their software as a licensing model, but also focuses (in collaboration with partners) on the sale of total systems. In the future, the company will not only focus on stacking crates and packages, but also on efficient packaging of the food products in these crates and packages.
Flevoland has a strong logistics sector. For example, the logistics hotspot Almere-Lelystad-Zeewolde finished third this year on the list of top logistics locations in the Netherlands. ‘The logistics sector in Flevoland offers us many opportunities and growth opportunities’, says Evert van Galen of Viroteq.
TMI Proof of Concept Fund Flevoland
Viroteq receives funding from the TMI Proof of Concept Fund Flevoland (POC Fund). This fund is managed by Horizon Flevoland and provides financing to innovative SMEs with growth ambitions that wish to invest in the development of new products or services and are in the so-called proof-of-concept phase. € 13.3 million has been made available for this by a program from the European Regional Development Fund (ERDF) of the European Union, the province of Flevoland and the national government.