Global robotic inspection firm Invert Robotics has chosen Dublin for its headquarters as the company gears up for rapid growth across European and North American markets.
Invert Robotics plans to set up an expanded research and development team in Ireland, creating 25 new jobs over the next three years.
Most of the new roles will be in data science to support the continued development of Invert Robotics’ machine learning and data analysis capabilities, and a small number of business development positions.
Founded in New Zealand, the robotic inspection leader counts some of the world’s largest food production, aerospace, pharmaceutical, chemical and energy companies among its customers.
It makes the process of inspecting and maintaining high-value industrial assets, which are often in hazardous, hard-to-reach or toxic environments, more precise, efficient and much safer than existing processes or technologies.
Invert Robotics has just secured €3.5m in new funding from investors to support its ambitious international growth plans focussing on the North American markets.
The company said it had selected Ireland as the location for its global headquarters because of its highly skilled and qualified labour market, its access to a broad base of European funding opportunities, and the fact that Ireland is a primary gateway for enterprise between Europe and the US.
The Ireland Strategic Investment Fund is an indirect investor in Invert Robotics, through its investment in Finistere Ventures.
ISIF’s support was a key factor in facilitating Invert Robotics’ move to Ireland, the company said.
Neil Fletcher, Managing Director of Invert Robotics, said the company found Ireland’s business environment to be highly supportive of fast-scaling businesses.
He said the company very much look forward to tapping into the local talent pool as it builds out its technical capabilities.
«Moving a business to a new country across the other side of the world is a complex process but our professional advisors in Ireland, our local banking partner and a host of other supporting organisations including the Ireland Strategic Investment Fund made our experience seamless,» he added.
Nick Ashmore, Director of ISIF, said that the arrival of another international technology disruptor to Ireland will further strengthen the company’s position as a global hub for pioneering technology firms.