Forbes

AVIDBOTS

- Paris-Charles de Gaulle Airport · Charles de Gaulle · Paris · Toronto · DHL Express · New Jersey · Waterloo

HEAD­QUAR­TERS: Kitch­ener, On­tario FOUNDERS: Pablo Molina, Faizan Sheikh (CEO) EM­PLOY­EES: 170

Molina and Sheikh, grad­u­ates of the Univer­sity of Water­loo, founded Avidbots to make floor-scrub­bing ro­bots. Be­fore the pan­demic, its Neo ma­chines toiled away at Charles de Gaulle Air­port in Paris and Toronto’s Ea­ton Cen­tre shop­ping mall, among other lo­ca­tions. Now rev­enue is on track to dou­ble to $10 mil­lion as it ex­pands busi­ness with cus­tomers like DHL shipping and works with school dis­tricts as they re­open; New Jer­sey’s South­ern Re­gional School District is one cus­tomer. Next up: a new dis­in­fect­ing mod­ule that can at­tach to its lat­est ro­bot and scrub not only floors but touch points like ta­bles and door han­dles. “We were solv­ing this prob­lem for years, and all of a sud­den the world cares about it more,” says Sheikh, 32.

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