Positec Group reaps $250M to further develop autonomous mowers – The Robot Report
Positec Group’s Landroid Vision AI robotic lawnmower, which it sells under its Worx brand. | Source: Worx Positec Group Ltd. this week announced that it secured $250 million in its first round of equity financing. The provider of robotic lawn mowers said it will spend the investment on product development as it continues the global expansion of its consumer-facing brands. “This investment recognizes three decades of technological innovation, operational excellence, and commitment to sustainable development,”