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Share Price: 40.00
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Change: -1.00 (-2.44%)
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Frontier IP investment completes initial trials of raspberry-picking robot

Tue, 28th May 2019 15:47

(Sharecast News) - University intellectual property commercialisation specialist Frontier IP Group announced on Tuesday that its portfolio company, Fieldwork Robotics, has completed initial field trials of its robot raspberry harvesting system.The AIM-traded firm said it holds 27.5% of Fieldwork Robotics.It said data from the trials would be used to refine and improve the prototype system before further field trials were held later this year.If the trials were successful, then manufacturing of a commercial system was expected to begin in 2020.The trials were held in West Sussex at a farm owned by Fieldwork's industry partner, UK soft-fruit grower Hall Hunter Partnership, which supplies Marks & Spencer, Tesco and Waitrose.It said the move followed University of Plymouth spin-out Fieldwork being awarded a £547,250 Innovate UK grant earlier this year towards a £671,484 project to develop a multi-armed robot prototype.Other partners included the University of Plymouth and the National Physical Laboratory.Frontier IP provided Fieldwork with support for engineering and software development, fundraising and industry partnerships.The company was incorporated to develop and commercialise the work of Dr Martin Stoelen, lecturer in robotics at the university's School of Computing, Electronics and Mathematics.Fieldwork was reportedly focussed initially on raspberries because they were hard to pick, being more delicate, more easily damaged than other soft fruits, and growing on bushes with complex foliage and berry distribution.Once the system was proven to work with raspberries, then it could be adapted readily for other soft fruits and vegetables."We are delighted with the progress Fieldwork is making in developing a raspberry-harvesting robot system," said Frontier IP chief executive officer Neil Crabb ."Completing these field trials is an important milestone in commercialising the technology, and we are looking forward to the next round of tests in the autumn."
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26 May 2020 14:46

Frontier IP Investee Exscientia Raises USD60 Million To Fund Expansion

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Frontier IP investment Exscientia raises $60m in series C round

(Sharecast News) - Intellectual property company Frontier IP said on Tuesday that its portfolio company, AI-driven drug discovery firm Exscientia, has raised $60m (£49.1m) through a series C financing round.

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1 May 2020 13:28

UK TRADING UPDATE SUMMARY: Avacta, Genedrive Progress With Virus Tests

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9 Apr 2020 15:24

Frontier IP Group Investee Alusid Launches Luxury Table Brand

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1 Apr 2020 17:56

UK TRADING UPDATE SUMMARY: Watkin Jones Cancels Payout, Halts Work

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13 Mar 2020 14:23

Frontier IP shares rise on progress at The Vaccine Group

(Sharecast News) - University intellectual property commercialisation company Frontier IP noted an announcement below from its portfolio company The Vaccine Group (TVG) on Friday, about the material progress it was making with its novel vaccine technology, and the start of work on a Covid-19 coronavirus vaccine for use in animals.

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13 Mar 2020 12:59

Frontier IP's Vaccine Group Working On Covid-19 Vaccine For Animals

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17 Feb 2020 11:47

Frontier IP Investee Secures EU Funding For Microscope Development

Frontier IP Investee Secures EU Funding For Microscope Development

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12 Feb 2020 11:39

Frontier IP Ups Stake In AI Firm Celerum Amid "Industry Interest"

Frontier IP Ups Stake In AI Firm Celerum Amid "Industry Interest"

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31 Jan 2020 17:32

Frontier IP Notes First Trials Of Exscientia's OCD Drug Candidate

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20 Jan 2020 12:23

Frontier IP Investee Vaccine Group Secures GBP680,000 In Funding

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14 Jan 2020 14:58

Frontier IP portfolio firm Fieldwork raises ?0.3m for fruit picking robot

(Sharecast News) - Intellectual property commercialisation company Frontier IP announced on Tuesday that its portfolio company, Fieldwork Robotics, has raised £0.298m through an initial equity funding round.

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14 Jan 2020 12:36

Frontier IP Investee Fieldwork Robotics Raises Almost GBP300,000

Frontier IP Investee Fieldwork Robotics Raises Almost GBP300,000

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10 Jan 2020 15:25

Frontier IP upbeat as portfolio company partners with Bayer

(Sharecast News) - Intellectual property commercialisation company Frontier IP announced on Friday that its portfolio company Exscientia, which focuses on artificial intelligence (AI) driven drug discovery, has entered into a collaboration with Bayer focused on cardiovascular disease and oncology.

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6 Nov 2019 14:38

UPDATE: Frontier IP Raises GBP3.8 Million Via Oversubscribed Placing

UPDATE: Frontier IP Raises GBP3.8 Million Via Oversubscribed Placing

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