The investment will help the company meeting growing demands from manufacturers automating their processes, enabling the business to expand the team at its plant in Kings Norton and crate seven new jobs.
The debt came via a second round of the Midlands Engine Investment Fund (MEIF), which was launched in February.
Founded in 1997, Mechatronic Production Systems was one of the first UK automation companies to introduce "off-the-shelf" robotics with the launch of Robopod.
Robopod allows companies to automate repetitive processes such as ultrasonic welding and can be adapted for different tasks.
Mechatronic Production Systems comprises of a team of 25 people, with clients in aerospace, automotive and medical technology sectors,
The company is headed by managing director Tony Parker-Watkins who led a management buyout in 2022.
He said: "Robots can now easily take on simple repetitive tasks within factories, improving efficiency and freeing up humans to focus on more skilled and productive work.
"With labour shortages and growing awareness of the potential for automation, our solutions are attracting interest from companies throughout Europe.