MotoCut has raised €1.1 million to boost international sales and product development of its revolutionary concrete and steel pile cutters
Finnish based MotoCut Ltd has received major funding for developing the next generation of pile cutters for international markets. A €0.4 million debt financing by Business Finland is complemented by a €0.7 million equity financing by MotoCut owners, bringing the funding raised to a total of €1.1 million. The financing is used to significantly boost MotoCut’s international sales activities, grow its distribution capacity and develop and launch revolutionary products to augment its current product offering.
MotoCut has already developed revolutionary products and solutions for replacing traditional manual work and improving work safety. MotoCut pile cutter for concrete piles is a hydraulically-operated pile cutter that features a pair of diamond cutting blades. MotoCut pile cutter for steel piles or pipes utilizes a plasma cutting device. With these machines, work productivity increases significantly, reaching even up to five times higher speeds compared to manual cutting while
reducing risks for personnel injuries in hazardous work environments.
With all MotoCut’s products, safety comes first. The cutters can be attached to an excavator and operated safely from the cabin. Focus on safety issues is greatly appreciated by MotoCut’s customers who consider work safety a top priority. MotoCut’s key market areas are the USA, Canada, Europe, Australia and Scandinavia. With the new funding, MotoCut will invest heavily in international sales to increase the global awareness how manual pile cutting can be replaced with automated solutions. Today, MotoCut has local dealers in over 10 countries and is actively looking for more dealers globally.
About MotoCut Ltd
MotoCut Ltd was founded in 2012, and our first product, the MotoCut pile cutter, was launched in 2014. Since then, we have conquered the world, one construction site at a time, with the intention to mechanise pile cutting by increasing efficiency and improving occupational safety. We provide competitive advantage to our customers by making pile cutting safer, more efficient and of higher quality.