Investment in Feather Robotics, Inc.

In brief · summary, not quotable

SEED Innovations Ltd has invested US$1,000,000 in Feather Robotics, Inc., a US-based applied AI and industrial robotics company, through a Simple Agreement for Future Equity (SAFE). This investment, which ranks pari passu with preferred stock, will convert into equity at the lower of the next qualifying funding round's valuation or a US$60 million cap. Feather Robotics reported a loss of approximately US$0.24 million for the period ending December 31, 2025, and this transaction constitutes a Significant Transaction under AIM Rule 12.

Full announcement

Select text to share a quote on X · sign in to keep highlights & notes in your SEED notes

SEED Innovations Ltd (AIM: SEED), the AIM-quoted investing company, announces that it has invested US$1,000,000 (c.£740,000) in Feather Robotics, Inc. ("Feather") in the form of a Simple Agreement for Future Equity ("SAFE").

Feather is a US-based robotics company developing modular humanoid robotic systems designed for deployment in real-world industrial environments. Its approach differs from a number of existing providers in that its systems are designed for deployment rather than research, with a focus on cost efficiency and practical application. The platform is modular in design, allowing it to be adapted across a range of industrial processes, and is intended to address mobile and intermittent tasks that are not well suited to traditional fixed automation. Feather is also positioning its technology as a general-purpose hardware platform for physical AI developers and integrators, supporting wider adoption and scalability.

Jim Mellon, Non-Executive Chair of SEED, commented: "This is a compelling first investment under our revised strategy, reflecting our focus on applied AI and robotics where we are seeing a shift from concept to real-world deployment. Given how quickly Feather has moved since formation, including delivering its first customer system and demonstrating practical use, we believe this is the right point at which to be investing. The funding will support further development and scaling, and we look forward to supporting Feather's team as it grows."

DETAILS

SEED has invested US$1,000,000 from existing cash resources in Feather in the form of a SAFE. The SAFE will convert into equity at the next qualifying funding round or other liquidity event, at the lower of the valuation of that round and a US$60 million valuation cap. The SAFE is unsecured (ranking pari passu with preferred stock), non-repayable and is not interest bearing.

AIM Rule 12 Disclosure

The investment constitutes a Significant Transaction under AIM Rule 12.

Feather is a US-based robotics company developing humanoid robotic systems for industrial deployment and was incorporated in January 2025. Based on management accounts, Feather Robotics Inc. reported a loss of approximately US$0.24 million for the period to 31 December 2025.

Nominated Adviser statement

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.