Rovenso SA

Rovenso SA is a technology company that specializes in developing autonomous robots for security and safety monitoring in industrial environments, utilizing innovative robotic solutions to enhance operational efficiency. Rovenso SA, founded in 2016, is based in Fribourg, Switzerland. The company focuses on the development and deployment of autonomous robotics. The founder, Beat Geissmann, has a history of entrepreneurship and innovation in technology.

Rovenso has raised a total of CHF 2. 300 mn through two deals, with the latest funding round being a Seed round in December 2021, led by Nivalis Group SA alongside investor SOSV. Rovenso specializes in the development and deployment of autonomous robots, specifically designed for security and safety monitoring in industrial settings. Their flagship product, ROVéo, operates on a Robot as a Service (RaaS) model, enabling clients to rent the robot on a daily basis, significantly reducing costs compared to traditional site guarding methods.

The ROVéo robot is equipped with advanced multi-modal sensor fusion capabilities, including 3D laser scanning, night vision, thermal imaging, and acoustic analysis to detect anomalies like intrusions and leaks. This technology allows ROVéo to navigate complex terrains, making it suitable for both indoor and outdoor applications in large industrial sites. The company primarily serves airports, energy production industries, and sensitive manufacturing sites, focusing on European markets and broader international engagement. Rovenso generates revenue through its RaaS model, where customers in industrial sectors pay a daily rental fee for the use of the ROVéo robot.

This structure is based on direct B2B relationships, allowing clients to access necessary security services without the commitment of purchasing equipment outright. The pricing plans are designed around daily rental rates, providing flexibility for varying site needs. Additional revenue may arise from partnerships with industrial clients, leveraging the technology embedded in their robotic solutions. Rovenso's focus on safety and operational integrity positions it well in the autonomous security market.

Rovenso is focused on expanding its market presence by developing additional products tailored for various industrial applications. The company plans to explore new geographic regions, targeting further growth in the European market and possibly extending to North America by the end of 2023. The recent funding raised in December 2021 will be utilized to accelerate product development and market entry strategies, supporting these growth initiatives.