MV Capital ( EMVC ), the VC investor specialising in earlystage high-growth deep tech companies , announced it has led the completion of a £ 3.5 million investment round into its portfolio company Q-Bot , a developer of robots for use in the construction and retrofit industry .

Using AI and robotics , Q-Bot ’ s insulation is deployed beneath suspended timber floors or to the underside of suspended concrete floors . A remotely operated robotic device applies a continuous layer of spray foam insulation to the underside of the floor , resulting in a reduction in heat loss through the floor and a barrier to cold air draughts .

The funding was led by EMV Capital , syndicated from a cohort of private investors and family offices . The funding round was also supported by Wealth Club , the UK ’ s largest investment service for high net worth and experienced investors , and for the first time , Adjuvo , a London-based investment syndicate .

become a major , mainstream player within the retrofit sector and insulation market .”

Q-Bot ’ s advanced insulation is installed in over 200 homes every month , with revenues increasing by 60 % over the past 12 months . In the UK alone , Q-Bot ’ s high-performance retrofit insulation can help insulate the 8 to 12 million homes that have suspended floors and which are hard to treat using traditional forms of insulation .

John Kennedy , Chief Executive of Q-Bot said : “ With this latest tranche of funding , the welcome endorsement that we have from our investors and the UK Government , the energy efficiency commitments in the UK and overseas , and the public sector funding available to do this , Q-Bot has a strong platform to

The company focuses on developing opulent places that enrich people ’ s lives and stand the test of time in terms of their values and exceptional building quality .

The ultra-luxury real estate sector in Dubai is in a second boom this year , not only flourishing but also establishing unprecedented records on a global scale . According to the Dubai Land Department , H1 of this year saw apartment sales more than double to a growth of 63 % year on year over 2022 with a total of 46,166 apartments being sold at a value of AED92.5 billion . The five most expensive apartments sold in this period range from AED78 million to AED410 million , with the Dubai Marina area continuing to feature in the list . The prices of super luxury apartments continue to increase quarter on quarter , with Q1 2023 ’ s 5th most expensive apartment coming in at AED65million , vs Q2 ’ s AED78 million apartment sale .

ERED , an international real estate developer , has announced its official launch in the UAE , choosing Dubai ,

Ramil Guliev , CEO of MERED , said : “ As we embark on this journey , MERED envisions exponential growth , driven by our unwavering dedication to our customers and to the vision of Dubai . With our team ’ s focus and history in delivering beyond expectations , we aim to reshape the country ’ s luxury real estate landscape and leave a lasting legacy of extraordinary living experiences ”.

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