JANUARY 2023
PRIVATE PLACEMENT
Founded in 2016 in La Rochelle, France, Shark designs and manufactures catalogue and custom unmanned ground vehicles (UGVs) for hostile environments (fire safety, nuclear, security & defense), with expertise in the entire robotics value chain: hardware, software & artificial intelligence, and batteries. Awarded in France and the United States, Shark robots increase operational efficiency, preserve human lives, and reduce environmental impact.
The company has already delivered more than 100 robots in 15 countries. Shark robots are used by public institutions in civil security and defense (French Ministry of Defense, Paris Fire Brigade, and Home Security Ministry) and by the industrial sector (Orano, ArianeGroup). Among its notable robots, Shark created the Colossus, the firefighting robot that intervened for more than ten hours at 800 degrees Celsius during the Notre-Dame cathedral fire in 2019.
“This round of funding will enable Shark to accelerate its development as robotics is gaining momentum in the way operations are being handled. As tools for the common good, our robots provide a lot of efficiency in operations and protection in dangerous situations. We are delighted to welcome Move Capital, as its expertise and values fully match Shark‘s DNA. This investment will also contribute to the process of reindustrialisation in France, and to the creation of high value-added jobs” commented Cyril Kabbara, founder and CEO of Shark Robotics.
“Shark Robotics combines cutting-edge technology with a positive human and environmental impact. The company has gained the trust of leading global institutions, and also benefits from a strong international development potential. At a time when terrestrial robotics provides new solutions to human and environmental safety issues, we are delighted to stand alongside Cyril and his teams to support Shark in this new stage of its development and to consolidate its leadership position in its segment” said Sophie Sursock and Hervé Malaussena, co-founders of Move Capital Fund I.