Shape Robotics receives a grant from Innovation Fund Denmark
Company Announcement No. 14-2020
Copenhagen, October 6, 2020
Shape Robotics receives a grant for 1,1 MDKK from InnoBooster People (Innovation Fund Denmark).
The grant focuses on particularly promising knowledge-based Danish start-ups that have already obtained validation of their solution in the form of either external capital injection or turnover. The amount is allocated for retention of key development employees.
“We are very proud that Shape Robotics has been awarded this competitive grant that will support our R&D and help us reach our long-term commercial targets” says David Johan Christensen, CEO
About Shape Robotics A/S
Shape Robotics A/S (”Shape Robotics” or ”the Company”) is a Danish robotics company with a strong position in the global educational technology (”EdTech”) market. The Company has developed Fable, a unique modular robot that makes it easy and fun for students to build and program their own robots. Since the launch of Fable in 2017 more than 5000 robots have been sold and shipped to schools around the world.
Shape Robotics helps educational institutions provide excellent teaching that will prepare students for a fast-changing future where digital technologies, artificial intelligence, and automation are transforming life and work. Fable is a modular robot that students can build in seconds. The robot system is robust, can withstand everyday usage in classrooms and can be used to solve demanding tasks. Students code Fable depending on their experience - from simple block programming to coding in the advanced Python language. Comprehensive teaching materials has been developed in collaboration with professional educators. Therefore, Shape Robotics provides complete teaching solutions for educational institutions from the 3rd grade to high-school and vocational schools.
David Johan Christensen, CEO Shape Robotics A/S
Tel. (+45) 2685 0903
André Fehrn, CFO Shape Robotics A/S
Tlf. (+45) 2444 8556
Rugmarken 18, 3520 Farum, Denmark
Certified advisor contact
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Tel. (+46) 733 968 404
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Bredgade 30, 1260 Copenhagen, Denmark