# Koch Industries invests in Genesis Robotics

Koch Chemicals Technology Group made a strategic controlling investment in Genesis Robotics, a subsidiary of Genesis Advanced Technology, forming Genesis Robotics and Motion Technologies to commercialize electric motor and actuation technologies.

- Type: Investment
- Announced: 2018-04-09
- Where: British Columbia, Canada
- Status: completed
- Products: LiveDrive actuator, electric motor and actuation technologies
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Genesis Advanced Technology](https://endata.com/companies/18481.md)
- [Koch Chemicals Technology Group](https://endata.com/companies/18480.md) (investor)
- [Genesis Robotics](https://endata.com/companies/18482.md) (target)

## Sources

- [mccarthy.ca](https://www.mccarthy.ca/en/experience/genesis-advanced-technology-enters-into-strategic-partnership-with-koch-industries), 2018-04-09: "The venture will allow Genesis Robotics to benefit from Koch's global reach in marketing and commercialization."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.