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Tauranga's Robotic Plus receives up to $15 million in ACC investment to protect high-risk workers

Tauranga s Robotic Plus receives up to $15 million in ACC investment to protect high-risk workers
23 Feb, 2021 05:46 AM
3 minutes to read
Robotic s Plus has created the Robotic Scaling Machine (RSM) that more quickly and accurately measures the volume of timber on logging truck. Photo / Supplied
Robotic s Plus has created the Robotic Scaling Machine (RSM) that more quickly and accurately measures the volume of timber on logging truck. Photo / Supplied
Bay of Plenty Times
Tauranga s Robotic Plus is set to benefit from ACC investment of up to $15 million to improve the wellbeing of employees in the country s most dangerous industries.
ACC s Impact Investment Fund has taken a share in the globally-recognised company to improve the health, safety, and wellbeing of New Zealanders and provide a strong investment return that helps Kiwis pay less in levies for accident cover. ....

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ACC invests in Robotics Plus

The primary industry technology firm is the first investment by ACC s new Impact Fund.
Tauranga-based Robotics Plus is ACC’s first investment through its $50 million impact fund launched in September last year.
Robotics Plus is receiving global interest for its technology designed to keep forestry, agriculture and transport workers safe, and ACC said the partnership would improve the wellbeing of those working in these dangerous industries.
The dollar value of the investment and the size of the stake in the business is undisclosed, but sits within the fund s target band of between $2m and $15m.
The company’s products include a Robotic Scaling Machine that can quickly and accurately measure the volume of timber on logging trucks, cutting risk ....

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