Ant Robotics to participate in mHUB Accelerated Incubation Program
Chicago, IL, May 10, 2021 – Ant Robotics, Inc., is selected to participate in mHUB Accelerated Incubation Program among nine hardtech startups.
mHUB, one of the nation’s leading independent hardtech innovation and manufacturing centers, will welcome the high-growth startups to Chicago to participate in the premiere cohort of its Accelerated Incubation, a six-month, hands-on accelerator focused on hardtech product development and commercialization. The nine selected teams were chosen from a pool of nearly 500 applicants, 27% of whom were international teams.
The cohort is the result of a rigorous selection process that included an advisory of industry experts, venture capitalists, manufacturers and serial entrepreneurs. The startups selected are demand-driven, solving real manufacturing and logistics challenges, putting the industry on a path to higher resiliency, productivity, worker safety and sustainability.
“We created the mHUB accelerator to expedite the path to commercialization for high potential hardtech startups and provide them with early seed capital that’s so scarce for hardware as compared to software,” said Haven Allen, mHUB co-founder and CEO. “The Midwest region’s history as a manufacturing capital as well as its current recognition as a hotbed of investment activity means that the future of hardtech innovation can and will happen here.”
“We are excited to be a part of this program”, said Max Antonenko, Ant Robotics co-founder and CEO. “Through it, we and our fellow participants will benefit from mHUB cutting-edge engineering expertise, prototyping capabilities, and vast networking opportunities. This is also the great opportunity to reach out to our clients, thank to mHUB being strategically located in heart of Midwest, core America’s manufacturing region.”
As the participant of the program, Ant Robotics will receive 75 thousand dollars of investment and 24-month membership at mHUB.
mHUB is a leading independent hardtech and manufacturing innovation center that exists to convene the entrepreneurial ecosystem around physical product innovation to ensure that the manufacturing industry continues to accelerate, grow and thrive. mHUB provides a hyper-resourced environment to entrepreneurs with the goal of commercializing new hardtech innovation that will lead to new businesses, intellectual property, investment, revenue and job creation. Find out more at mhubchicago.com.
About Ant Robotics
Ant Robotics develops cutting edge solutions for automated material handling, which includes robotic moving units and software system to orchestrate robotic transportation fleets. Ant Robotics uses innovative technologies to make its products fit into complex, frequently-changing manufacturing environments. This allows manufacturing companies to save up to 40% of their material handling costs. Find out more at antrobotics.co.