Startup · $20m raised · Robotics
Construction robotics company developing the Mantis welding robot and Hadrian bricklaying platform
Perth, WA
Every investor coverage indicates participated in a round FBR Limited raised.
Companies FBR Limited acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Name | Role | Sources |
|---|---|---|
| Aidan Flynn | Chief Financial Officer | Radium Capital |
| Mike Pivac | Managing Director and CEO | @AuManufacturing (18 Feb 2025), @AuManufacturing (16 Oct 2024), @AuManufacturing (22 Jan 2024) |
Stories naming FBR Limited. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Perth-listed robotics firm FBR announced a $4 million equity raise, mixing a share placement with a shareholder purchase plan, to finish testing its Mantis welder, roll out Hadrian bricklaying tech and repay debt.
Podcast interview in which the founders of Earthbuilt Technology and Crest Robotics discuss their Charlotte construction robot, which prints buildings from onsite materials, its lunar ambitions, and government program backing.
Roundup of manufacturing news: Sydney Rum Distillery's plans for a former dairy factory site, HiveKeepers beating its Kickstarter target, FBR's $6.3 million placement and restructure, plus research on enzymes, timber supply and waste-to-energy.
Roundup of manufacturing briefs: FBR's US venture option with CRH lapses, Li-S Energy appoints Rick Francis to its board as a director departs, plus sponsorship, TAFE funding, rate commentary and a hydrogen collaboration.
FBR announced a share placement of roughly $12.6 million, with Bell Potter managing and existing holder Brickworks among supporters, to fund working capital for its United States expansion alongside new CRH Ventures agreements.
Perth bricklaying-robot maker FBR is directing new Hadrian X units to its US operations and raised $6.2 million in a share placement to fund the push.
Radium Capital outlines five ways innovation businesses can use its Radium Advances as bridging finance, illustrated with case studies of NeedleCalm, Ground Source Systems and FBR.
Techboard's monthly roundup tallies October 2022 startup funding at $661m across 99 deals, listing megadeals such as Airwallex, acquisitions, Square Peg's $861m fund close and government grants to program operators.
Also @AuManufacturing
Roundup of Australian manufacturing items: two companies raise capital, two receive R&D tax refunds, an electric refueller debuts, a distribution deal is signed, IP is bought with shares, and more Bushmasters head to Ukraine.
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Techboard's monthly roundup logs June 2022 Australian funding events, including GO1's Series E, Edrolo's Series B, two acquisitions, several new funds reaching closes, and accelerator intake announcements.
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