Investment in solar robotics company, Cosmic

SEED Innovations Ltd (AIM: SEED), the AIM-quoted investing company, announces that it has invested US$350,000 in Cosmic Robotics ("Cosmic") through a Simple Agreement for Future Equity ("SAFE") securing SEED's investment on the same terms as Cosmic's anticipated next round following its participation in Silicon Valley's Y Combinator programme. The funds will be used by Cosmic to support the continued development and deployment of its autonomous robotic systems for the construction of critical infrastructure.

OVERVIEW

• Investment of US$350,000 in Cosmic via a SAFE
• SAFE expected to convert on the same terms as any raise following Cosmic's participation at this summer's Y Combinator in Silicon Valley
• Cosmic is deploying AI-powered robotic systems to automate large-scale infrastructure installation with its initial focus on utility-scale solar
• Technology designed to accelerate deployment, lower installation costs and improve productivity

Jim Mellon, Non-Executive Chair of SEED, commented: "As global infrastructure development accelerates, demand is surging for automation solutions that can be deployed today. Cosmic is already addressing that demand in the field, tackling a critical labour bottleneck slowing large-scale solar installation. This first-mover advantage, combined with its recent acceptance into Y Combinator's Summer 2026 cohort, one of Silicon Valley's most selective startup programmes whose alumni include Airbnb, DoorDash and Coinbase, reinforces our confidence in both the team and the technology. We believe companies like Cosmic, combining AI, robotics and immediate commercial applicability, will define the next generation of industrial automation."

DETAILS

Cosmic is operating at the intersection of AI, robotics and energy infrastructure, initially targeting one of the largest bottlenecks in the global renewable energy buildout: labour-intensive solar deployment. Its flagship platform, Cosmic-1A, is designed to automate the handling and installation of large-format solar panels in demanding real-world environments using AI, stereo vision and autonomous navigation technology. Cosmic believes its systems can materially reduce labour costs, improve installation speed and more than double deployment throughput, while integrating directly into existing construction workflows.

Cosmic's robotic systems are already being deployed on live job sites in the US solar market, positioning it at an early stage of commercial adoption within a potentially significant long-term automation opportunity. The business is led by an experienced management and engineering team with backgrounds spanning robotics, AI, infrastructure and advanced industrial systems.

SEED has invested US$350,000 from existing cash resources in Cosmic via a SAFE to support product development, commercial deployment and operational scaling. The SAFE is uncapped and undiscounted, with a most favoured nation ("MFN") provision entitling SEED to any more favourable terms offered under subsequent SAFEs issued before Cosmic's next priced equity financing, which is expected to follow its participation in this summer's three-month Y Combinator programme. The SAFE is expected to convert into equity at that time, or on certain customary liquidity or dissolution events. The MFN does not apply to previously issued pre-seed SAFEs.

AIM Rule 12 Disclosure

The investment constitutes a Significant Transaction under AIM Rule 12.

Founded in 2023, US-based Cosmic Robotics is developing AI-powered automation systems for infrastructure deployment applications, initially focused on utility-scale solar installation. Based on management accounts, the company reported a loss of US$1.8 million for the year ended 31 December 2025 and net assets (total equity) of US$1.5 million at the same date.

Cosmic Robotics - https://www.cosmicrobotics.com/

Cosmic Robotics is a US-based robotics company developing AI-powered autonomous systems for large-scale infrastructure deployment, initially focused on utility-scale solar installation. Its flagship Cosmic-1A platform is designed to automate the handling and installation of solar panels using AI, stereo vision and autonomous navigation technologies.

Y Combinator - https://www.ycombinator.com

Y Combinator is a Silicon Valley-based startup accelerator that supports early-stage technology companies through mentoring, access to investors and fundraising support. Its programmes have helped launch and scale many of the world's leading technology businesses.

Nominated Adviser statement