SHIFT Invest Portfolio Company Robin Radar Joins Forces with Parcom

SHIFT Invest is pleased to announce the successful acquisition of its portfolio company, Robin Radar, by Dutch investor Parcom. Robin Radar has established itself as a global leader in radar systems designed to detect and classify both birds and drones.

Robin Radar, headquartered in The Hague, Netherlands, founded in 2010 as a TNO spin-off, has established itself as a global leader in radar systems designed to detect and classify birds and drones. The company’s radar solutions serve a range of industries such as wind farms and civil aviation providing an innovative solution to reduce bird strikes. Robin Radar’s unique technology, particularly its proprietary software, has made it the radar solution of choice for a diverse range of applications.

SHIFT Invest joined Robin Radar as lead investor together with INKEF in its first funding round in 2012. The investment was made through its first fund Mainport Innovation Fund backed by KLM, Schiphol Airport, TU Delft, Rabobank and RVO. Robin Radar’s story is truly exceptional: from securing Schiphol as a launching customer, to growing revenues 30-fold since the initial investment by SHIFT Invest.

Siete Hamminga, CEO of Robin Radar: “We are thankful for the valuable collaboration with SHIFT Invest throughout our entire growth journey. Guus Verhees served as chairman of the board and supported us in growing our leadership team and organization, follow-on investments and the process towards the new partnership with Parcom”.

Guus Verhees, Managing Partner of SHIFT Invest: “We want to congratulate the entire team at Robin Radar, who have built an incredible technology and company over the years. The Robin Radar team, now with over 150 people, worked hard to make this possible, and we are happy to see Parcom partnering up to facilitate the next phase of growth. This is a great Dutch success story of an innovative technology bringing value in various sectors with a new growth chapter ahead.”