Robotics startup Third Wave Automation has raised $15 million in Series A funding to scale its technology aimed at bringing shared autonomy to forklifts.
Innovation Endeavors led the round, joined by seed investors from Eclipse Ventures, Homebrew VC and Toyota AI Ventures. Heartland VC also joined as a new Series A investor.
Third Wave’s approach means the forklifts the company modifies operate autonomously most of the time, but when they encounter a new situation, they signal a need for human...