Nlink
Designs and develop mobile robots that solves real life problems.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
N/A | Secondary | ||
| Total Funding | 000k | ||
| EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 31 % | (28 %) | (5 %) | 2 % | - | - |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | 25 % | 7 % | (2 %) | - | 5 % | - | - |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | 9 % | 4 % | (4 %) | (2 %) | 5 % | - | - |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article, Dealroom estimates
Related Content
Nlink AS is a Norwegian robotics company, founded in 2012, that develops mobile robotic systems for the construction industry. The company originated when an electrical contractor approached the Norwegian University of Science and Technology (NTNU) seeking a solution for the strenuous and hazardous task of drilling numerous holes in concrete ceilings. This query led to the formation of nLink by founders including Konrad Fagertun, Håvard Halvorsen, and Tomas Hennige, who hold master's degrees from NTNU with backgrounds in entrepreneurship and cybernetics.
The company's primary offering is a mobile drilling robot, named Drilly, which automates the process of drilling into concrete ceilings for installations like lighting, ventilation, and piping. The robot is mounted on a mobile lift and uses a combination of lasers and a vision system to read digital building plans (BIM files), navigate the site, and drill holes with millimeter precision. This system significantly improves worker safety by eliminating the risks associated with overhead work, such as vibrations, dust inhalation, and falls. It also boosts productivity, with tests showing the robot can be five times faster than manual labor.
nLink operates on a Robots-as-a-Service (RaaS) model, leasing its machines to clients rather than selling them outright. This approach makes the technology accessible to a wider range of customers, including total contractors, electricians, and plumbers. The company serves the construction market and has collaborated with major Scandinavian firms like Skanska and AF Gruppen. A significant milestone was a strategic investment from global tool manufacturer Hilti, which acquired a 37% stake in the company, leading to the co-development and global launch of the Hilti Jaibot in 2020. Following this partnership, nLink has continued its research and development in construction robotics while also exploring applications for its expertise in other industries.
Keywords: construction robotics, mobile drilling robot, Robots-as-a-Service, RaaS, concrete ceiling drilling, construction automation, building information modeling, BIM integration, worker safety technology, Hilti Jaibot, Konrad Fagertun, Håvard Halvorsen, automated construction, robotics engineering, mobile robotic systems, robotic prototyping, Leica Geosystems, overhead work automation, construction site safety, robotic drilling service