warehouse robotics

I, Robot: Agility Robotics raises $20M for bipedal automation

Agility Robotics, a maker of legged, walking robots, announced Thursday the close of a $20 million investment to meet demand from logistics providers and e-commerce retailers.

DCVC and Playground Global co-led the round and were joined by TDK Ventures, MFV Partners, Industrial Technology Investment Corp., Sony Innovation Fund and Safar Partners. 

Agility, based in Albany, Oregon, has raised a total of $29 million since its founding in 2015.

Warehouse robotics is a booming industry, as...

https://s29755.pcdn.co/news/i-robot-agility-robotics-raises-20m

Riding warehouse robotics wave, Exotec raises $90M

French company Exotec has raised $90 million to expand its autonomous robotics system as online shopping intensifies demand for more efficient warehouse management.

The round, announced on Tuesday, was led by 83North — with participation from Dell Technologies Capital and existing investors Iris Capital and Breega.

Operating at the intersection of robotics and materials handling, Exotec helps brands solve fulfillment challenges caused by the Amazon effect: the crushing need to get individual...

https://s29755.pcdn.co/news/riding-warehouse-robotics-wave-exotec-raises-90m

XPO Logistics deploys machine learning to optimize supply chain (with video)

XPO Logistics (NYSE: XPO) is leveraging technology solutions to meet shippers’ demand for speed and agility, along with inventory management and reverse logistics, as the coronavirus pandemic continues to accelerate interest in e-commerce purchases.

Mario Harik, chief information officer for the transportation and logistics giant, discussed the company’s tech strategy Thursday during a fireside chat with George Abernathy, president of FreightWaves. The conversation took place during American...

https://www.freightwaves.com/news/xpo-logistics-deploys-machine-learning-to-optimize-supply-chain-with-video

Sarcos raises $40M for industrial ‘wearable robots’

Sarcos wearable robots
  • The industrial robotics company Sarcos Robotics has raised $40 million to commercialize a wearable robot aimed at boosting worker safety and productivity.
  • The full-body robot gives new meaning to ‘active wear,’ can lift up to 200 pounds

Technologists love the natural world. Earlier this week, FreightWaves reported on a route optimization platform that takes as its template the foraging behavior of honeybees.

Now comes news that a robotics company that takes its cues from the exoskeletons of...

https://www.freightwaves.com/news/sarcos-raises-40m-to-advance-wearable-robots

Amazon delivery robots head south

Amazon Scout Atlanta

Amazon (AMZN) Scout, the e-giant’s electric autonomous delivery division, has expanded service to neighborhoods in Atlanta and Franklin, Tennessee, as a convergence of e-commerce, the pandemic and autonomous technology fuels interest in sidewalk delivery robots.

Scout, a six-wheeled robot, is already delivering packages in Snohomish County, Washington, and the Irvine-area of California. The expanded service, announced this week, will adhere to a similar schedule, delivering Monday through Friday...

https://www.freightwaves.com/news/amazon-delivery-robots-head-south

The Daily Dash: Fundraising, robots and who rules the freight world?

Plus.ai autonomous truck

The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, autonomous trucking startup Plus.ai seeks new funding, Daimler suggests a surprise in second-quarter earnings is coming, robots are taking over and trucking still rules the freight world.

That’s a lot of cash

Autonomous trucking startup Plus.ai is looking to raise more cash. According to reports, the company is seeking $60 million and a valuation in the range of $600 million to $1 billion. Other...

https://s29755.pcdn.co/news/the-daily-dash-fundraising-robots-and-who-rules-the-freight-world

Report: Warehouse robotics investment surges 57% in 2020

  • A PitchBook report documents a surge of investment in the warehouse robotics space.
  • Survey points to renewed investor interest in supply chain tech opportunities

Investment in warehouse robotics technology startups clocked in at $381 million in the first quarter of 2020, up 57% from the same period in 2019. 

That’s one of the key stats from PitchBook’s new Q1 2020 Supply Chain Tech analyst report. The study examines venture capital (VC) investment levels, trends, new business models and notable...

https://s29755.pcdn.co/news/report:-warehouse-robotics-investment-surges-57%-in-2020

DHL Supply Chain partners with Blue Yonder to accelerate warehouse robotics Ÿ

DHL Blue Yonder

DHL Supply Chain, part of Deutsche Post DHL Group, has launched a new “plug & play” robotics platform in collaboration with Microsoft, and the artificial intelligence (AI)-driven digital fulfillment provider Blue Yonder.

The robotics platform, announced today, marks another step in DHL’s broader digitization efforts. It is designed to reduce integration time and programming efforts involved in on-boarding new automation devices into warehouse facilities, and to give the company’s customers...

https://s29755.pcdn.co/news/dhl-supply-chain-partners-with-blue-yonder-to-accelerate-warehouse-robotics

Warehouse robotics company Geek+ raises $200 million

Warehouse robotics company Geek+ raises $200 million (Photo: Geek+)

Chinese warehousing robotics startup Geek+ announced it has raised over $200 million in Series C investment, one of the largest rounds closed in the warehousing industry to date. The company continues to remain the most funded warehousing robotics startup in the world with a Series B investment of $150 million in late 2018 and total funding of nearly $390 million. 

This round of Series C funding was split into two individual fundraising events – one in 2019, which was led by GGV Capital, D1...

https://s29755.pcdn.co/news/warehouse-robotics-company-geek-raises-200-million

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