REG - EMV Capital PLC - Q-Bot Limited Fundraising

EMV CapitalAnnouncement

27/06/2025 07:00

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RNS Number : 6738O  EMV Capital PLC  27 June 2025

For release: 07.00, 27 June 2025

 

EMV Capital plc

(EMVC, Group or the Company)

 

Q-Bot Limited Fundraising

 

EMV Capital plc (AIM: EMVC), the deeptech and life sciences VC investment
group, announces that its portfolio company Q-Bot Limited (Q-Bot), the
commercial stage robotics company developing solutions for the built
environment, has successfully closed an initial tranche of c.£350,000 of its
equity fundraising programme of up to £1 million, alongside the conversion of
c.£865,000 of outstanding convertible loans and associated interest
(Fundraising).

The Fundraising has been led and syndicated by EMV Capital Partners Limited
(EMV Capital Partners), the Company's wholly owned venture capital and
corporate finance firm. The first closing of the Fundraising primarily
represents investment from Q-Bot's existing loyal shareholder base, with
further funding anticipated from new and existing investors as the Fundraising
continues with further closings. The proceeds from the Fundraising will
provide Q-Bot with the capital to continue the execution of its growth
strategy following its recent transition to a lean technology business.

In connection with the Fundraising, EMVC exercised its right to convert a
convertible loan (and accrued interest thereon), announced on 31 December
2024, at a conversion price per Q-Bot share at a 70 per cent. discount to the
Fundraising issue price, thereby protecting EMVC's existing shareholding stake
in Q-Bot.

Following completion of the Fundraising and anticipated full conversion of the
convertible loan, the Group's total equity holding in Q-Bot will be 30.2 per
cent of the issued share capital, which equates to a post-investment fair
value of £1.4 million. This represents a c.71 per cent. increase compared to
the fair value amount of £0.8 million at 31 December 2024.

In addition, following the introduction of additional investors to Q-Bot by
EMV Capital Partners, the Group's third party assets under management with
Q-Bot is 45.3 per cent. of the issued share capital, which equates to a
post-investment fair value of c.£2.1 million. This represents a c.16 per
cent. increase compared to the fair value amount of £1.8 million at 31
December 2024.

 

Dr Ilian Iliev, CEO of EMV Capital and Investor Director of Q-Bot, commented:

"We are pleased to see this important first closing of Q-Bot's fundraising
programme, and to have increased our interest in this exciting business
through our capital efficient convertible loans. After a challenging period,
we believe Q-Bot is now well-positioned to move towards profitability with a
strong team, a robust partner network and pipeline, a well-evolved product
offering with a proven application, and a refreshed, lean operating model."

 

The person responsible for arranging the release of this announcement on
behalf of the Company is Ed Hooper, Executive Director and General Counsel of
the Company.

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF
THE UK VERSION OF REGULATION (EU) NO 596/2014 WHICH IS PART OF UK LAW BY
VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018, AS AMENDED. UPON THE
PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS
INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

 

-Ends-

 

 For more information, please contact:
 EMV Capital plc                                                             via Rosewood
 Ilian Iliev, CEO

 Panmure Liberum Limited (NOMAD and Broker)                                  +44 (0)20 7886 2500
 Emma Earl / Will Goode / Freddy Crossley / Mark Rogers (Corporate Finance)
 Rupert Dearden (Corporate Broking)

 Rosewood (Financial PR)                                                     +44 (0)20 7653 8702
 John West / Llewellyn Angus / Lily Pearce

 

About EMV Capital plc (EMVC)

EMV Capital plc, formerly known as NetScientific plc, is a deep tech and life
sciences venture capital investment group with an international portfolio of
high-growth companies.

With a strategic focus on generating superior returns for investors from the
fast-growing sectors and technologies that will define our future; EMV Capital
invests in, manages and strengthens early stage IP-rich companies.

EMV Capital holds both direct equity stakes and carried interest in its
portfolio companies, creating an evergreen structure that supports extensive
growth and value creation. EMV Capital's investment thesis is realised through
these capital sources:

·     capital-efficient investments through Group balance sheet;

·     fund management of the Evergreen EIS and Martlet Capital Funds;

·     syndicated investments leveraging its network of third-party
investors.

EMV Capital's approach is characterised by its proactive management style,
aiming to advance portfolio companies to critical value inflection points by
actively engaging with them. Companies are supported through Board
representation and the use of its Value Creation Services practice.

Headquartered in London, with a Cambridge presence and strong international
links, EMV Capital is quoted on the AIM market of the London Stock Exchange.

For more information, visit www.emvcapital.com (http://www.emvcapital.com)

 

About Q-Bot

Q-Bot is focused on generating robot-as-a-service income by leveraging its
strong IP, substantial fleet of robots and associated equipment. With more
than 5,000 instals, Q-Bot has developed a unique market position in automating
retrofit underfloor insulation. Q-Bot targets income growth and a route to
profitability through contracts with its existing network of UK and
international installation partners and a strong pipeline of new potential
partners and projects.

For more information, visit www.q-bot.tech (http://www.q-bot.tech)

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