Reach - a non-regulatory announcement

AIM: FIPP

24 June 2026

Frontier IP Group Plc

("Frontier IP" or the "Group") 

Portfolio news - SEED Innovations invests in Fieldwork Robotics

Frontier IP, a specialist in commercialising intellectual property, today welcomes the following announcement from portfolio company Fieldwork Robotics ("Fieldwork" or the "Company") that it has attracted a £300,000 investment from SEED Innovations Ltd ("SEED Innovations") to accelerate scale up of its selective, adaptive and modular harvest robots.

SEED Innovations is an investment fund focused on AI and robotics chaired by prominent entrepreneur Jim Mellon, who is also a serial investor in high-growth, early-stage companies.

The investment builds on, and is on the same terms as, the £2.2 million investment round led by Elbow Beach and completed in April 2026, alongside £1.7 million in grant funding. It will be used to support commercial farm trials and further technology validation.

If the trials are successful, Fieldwork expects robot fleets to be operating on farms during 2027.

Frontier IP Chief Executive Officer Neil Crabb said: "To win the support of SEED Innovations, which is backed by such a high profile and successful investor as Jim Mellon, is a strong sign the Company is primed for future success. We are delighted by the investment."

Fieldwork Robotics announcement begins:

New Investment from SEED Innovations Accelerates Commercial Deployment of Autonomous Raspberry Harvesting Technology

·    SEED Innovations Ltd chaired by Jim Mellon, joins Fieldwork's Seed+ fundraise as an investor

·    Jim Mellon is a prominent entrepreneur and investor with a track record of backing early-stage transformative technology companies, including robotics and AI

·    Fundraise builds on £2.2 million investment round completed in April 2026, led by Elbow Beach, alongside £1.7 million in grant funding from Innovate UK and a Climate Grant

·    Funding to accelerate commercial farm trials and transition from technology validation to scale deployment

·    UK deployment programme underway with Place UK in Norfolk and Littywood Farm in Stafford, with planned international trials in Australia

·    Multi-robot fleets expected to be operating on farms from 2027 as part of Fieldwork's global expansion

Cambridge, 24 June 2026 - Fieldwork Robotics Ltd., ("Fieldwork"), developers of selective, adaptive and modular harvesting robots, is pleased to announce an investment from SEED Innovations Ltd, the AIM-quoted investing company chaired by prominent British businessman Jim Mellon. The investment forms part of a £2.5 million Seed+ fundraise and combined investment and grant funding announced in April 2026.

Jim Mellon is one of the UK's most prominent early-stage investors, with a long track record of identifying and backing transformative technology businesses. Through SEED Innovations, which is focused on high-growth robotics and AI ventures, Mellon has been vocal about the opportunity for autonomous systems to address real-world labour and productivity challenges, an ethos that sits at the heart of Fieldwork's mission.

Berry growers worldwide face rising labour costs, a shortage of available fruit pickers, and supply chain pressures that drive up harvesting wages. These challenges increase food waste, push up consumer prices, and contribute to higher climate emissions. Large volumes of soft fruit are lost due to a shortage of pickers. Fieldwork's autonomous harvesting robots address these issues directly, reducing reliance on seasonal labour, boosting productivity, and operating efficiently across entire farms, helping growers protect margins and scale production sustainably.

The Seed+ fundraise enables Fieldwork to accelerate farm adoption of its autonomous harvesting technology and transition from the technology validation stage to commercial trials. The Company is currently deploying production robots in a two-year IUK ADOPT programme with Place UK in Norfolk and Littywood Farm in Stafford. Subject to these trials, Fieldwork expects multi-robot fleets to be operating on farms from 2027, with planned international trials in Australia as part of its global expansion strategy.

David Fulton, Fieldwork Robotics CEO commented: "SEED's support at this stage is vital as we move into this important next chapter for Fieldwork. This fundraise supports the demand of our robotic harvesting capabilities from our grower customers and builds on the significant commercial progress are making and gives us the platform to accelerate farm adoption of our technology at scale. We are now focused on delivering results, expanding our commercial trials and progressing our international expansion, and we are well positioned to do so with the right investors alongside us."

Jim Mellon, Non-Executive Chair of SEED, commented: "Fieldwork is a UK company which epitomises how AI and robots can solve a very real-life problem. Up to 30% of soft fruit is lost due to a shortage of pickers, which affects not only growers' profitability, but also the costs passed on to consumers.  Fieldwork's berry picking robot offers an innovative and scalable solution to this problem.  We are delighted to be supporting Fieldwork at this stage of its development and look forward to following its progress as it continues to commercialise and expand internationally."

Fieldwork Robotics statement ends.

ENQUIRIES

About Fieldwork Robotics

University spin-out Fieldwork Robotics is developing the world's first autonomous raspberry harvesting robot. Designed to harvest at the same quality as the average fruit picker and to significantly boost the productivity of growers, the technology combines cutting-edge hardware and software to create highly advanced harvesting robots that provide growers with efficient, cost-effective, and sustainable harvesting solutions.

We lead the market globally in the robotic harvesting of fresh raspberries and have strong commercial partnerships with key raspberry industry players in our target markets to support our product development.

Learn more at: www.fieldworkrobotics.com

About SEED Innovations Ltd

SEED Innovations Ltd (AIM: SEED) is an investing company focused on providing access to high-growth robotics and AI ventures typically beyond the reach of everyday investors. The Company also oversees a legacy portfolio in wellness and life sciences, with a medium-term strategy to unlock its full value. https://seedinnovations.co/

About FRONTIER IP

Frontier IP unites science and commerce by identifying strong intellectual property and accelerating its development through a range of commercialisation services. A critical part of the Group's work is involving relevant industry partners at an early stage of development to ensure technology meets real world demands and needs.

The Group looks to build and grow a portfolio of equity stakes and licence income by taking an active involvement in spin-out companies, including support for fund raising and collaboration with relevant industry partners at an early stage of development.

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