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The University of Liverpool, in partnership with private equity investment firm A2E Ltd., formed Robotiz3d Ltd. The joint venture spinoff company will commercialize patented research from the university’s Engineering Robotics Lab, using AI and robotics to improve road and infrastructure defects, such as potholes and cracks. The information will support efforts aimed at both detection and restoration.
Potholes, according to a University of Liverpool media release, are estimated to have cost more than £1 billion to repair in England over the last 10 years. The university’s Enterprise Investment Fund and private equity investment from A2E will both invest in the new company.
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