Fox Robotics Announces Liquidation Amidst Financial Challenges

London, UK – 19 Nov 2024 – It is with great sadness that we announce the liquidation of Fox Robotics, a pioneering UK-based robotics company. Founded by Henry Acevedo in 2017 at his home in Camberley, Fox Robotics grew to become a beacon of innovation in the field of robotics and navigation technology. Despite the company’s extraordinary technological advancements and contributions to the robotics industry, we encountered technical challenges that prevented us from demonstrating a fully autonomous working product to customers. Additionally, the lack of sustainable funding to hire experienced experts in innovative fields to further advance our novel technology has forced us to make the difficult decision to close our doors.

From the beginning, Fox Robotics was on a mission to improve efficiency in the agricultural sector by reducing the time pickers waste on activities unrelated to harvesting, particularly in polytunnels. This inefficiency is a universal problem on fruit farms and others alike. We aimed to develop solutions that would allow pickers to focus solely on their primary task, thus increasing productivity and improving working conditions. It’s a shame that we couldn’t bring this worthwhile solution to fruition, as it would have addressed a significant challenge faced by farmers worldwide.

Henry Acevedo, founder and Chief Technical Officer, began Fox Robotics with a vision to create cutting-edge robotic solutions that could revolutionise industries. With a focus on advanced robotics, navigation, and automation, Fox Robotics quickly gained recognition across the UK and internationally for its groundbreaking work in the EU and beyond.

In 2023, Gary Livingstone joined as CEO, bringing with him a wealth of experience and a shared commitment to innovation. Together, Henry and Gary propelled Fox Robotics to new heights, making significant strides in robotic technology. However, despite their relentless efforts and passion, the company was unable to secure the necessary long-term financial support to continue its operations.

“We are deeply saddened by this outcome,” said Henry Acevedo. “Fox Robotics has always been driven by a passion for technology and innovation. Our mission was to solve real-world problems, like reducing wasted time for pickers on farms—a challenge that affects many in the agricultural industry. It has been an incredible journey, from starting in my home to becoming a leader in robotics, but, unfortunately, the financial challenges were too great to overcome. We are immensely proud of the work we’ve done and the impact we’ve made in the field of robotics.”

Gary Livingstone added, “The dedication and creativity of this team have been nothing short of inspiring. Addressing such a significant and worthwhile problem in agriculture was at the heart of our efforts. While this chapter is ending, the technology we’ve developed and the knowledge we’ve gained will undoubtedly live on, influencing future developments in robotics.”

Fox Robotics has been at the forefront of developing advanced robotic systems, particularly in the agriculture sector. Its groundbreaking navigation systems have been recognised for setting new standards in the industry, aiming to tackle universal issues faced by farms, such as inefficiencies in the picking process.

Both Henry Acevedo and Gary Livingstone express their heartfelt gratitude to their team, partners, investors, and customers who believed in the company’s mission. They remain optimistic that the work they started at Fox Robotics will continue to inspire future innovation within the robotics field.

Fox Robotics is also deeply grateful to Innovate UK for its support throughout many of the awarded grants, including our most recent grant from DEFRA and Innovate UK. Special thanks are also due to our partners: Agri-TechE, Agri-EPI Centre, Hall Hunter Partnership, Boxford Farms, Lutton Farms, Secretts Farms, Berry Gardens, Richard Harnden, Medina Electronics, and Berry World for their unwavering support.

Particular appreciation goes to our Board Members, employees, and contractors for their support on this journey: Eric Warner, Tom Sykes, Ben Butlin, Paul Soanes, Rob Hampson, Christian Gordon-Pullar, Dominic Keen, Alejandra Acevedo, Sandra Bernal, Madhuri Patil, James Horn, Jaycee Lock, James Steadman, Alberto Acevedo, Barney Philippou, Scott Duncan, Belal Ibrahim, Ahmed Adamjee, David Acevedo, Youssouf Da Silva, Megh Shetty, and all our interns throughout the years.

For media enquiries or further information, please contact:

pauls@worthcapital.uk

phil.harris@frpadvisory.com

About Fox Robotics

Fox Robotics was founded in 2017 by Henry Acevedo in Camberley, UK. Known for its advanced robotic and navigation technology, Fox Robotics became a leader in the robotics industry, providing innovative solutions across various sectors. In 2023, Gary Livingstone joined as CEO, further strengthening the company’s position as a technological innovator. Despite its achievements, the company entered liquidation due to financial challenges in September 2024.