Robotics startup 10Lines raises €1.5M for autonomous pavement marking

10Lines, an Estonian robots startup that builds and manufacturers autonomous line-marking robots, has raised €1.5M in Series A funding following its Seed round in July 2021.

Founded in 2019, 10Lines aims to capitalise on the growing demand for line marking without a ‘person in the loop’ having already made inroads into the US market. The additional capital will enable 10Lines to accelerate the development of its autonomous robots and software, expand its engineering talent and strengthen its market presence in the USA.

The technology uses robotics and AI computer vision to automate line marking operations, eliminating the need for manual processes in a bid for efficiency and cost savings.

The round was jointly led by Tera Ventures and Karista, along with participation of Butterfly Ventures and Mike Oliinyk,

James McDougall, Venture Partner at Tera Ventures said: “The 10Lines team is creating its own product category with an ingenious application of AI and Robotics to automate line marking operations. We are honored to support their vision and expand their offering to the rest of Europe and the US.”

Emmanuel Daugéras, investment director at Karista commented: “Investing in 10Lines represents a one-of-a-kind opportunity on a large downstream application of the space ecosystem. Our investment is consistent with our strategy towards building Space Tech leaders of the next decade.

“We were convinced by 10Lines’s professional team, which combines domain expertise and software start-up experience. In addition to the very strong customer benefits provided by the company’s solutions, the solid business model and large potential market size, this makes for a very promising investment for Karista.”