OTTO Motors secures $29M to scale self-driving robot platform globally

An OTTO Motors self-driving robot

Clearpath Robotics’ OTTO Motors has closed on $29 million in Series C funding to place more of its self-driving robots into warehouses and manufacturing facilities across the world.

Ontario-based OTTO announced the new funding today, June 1. Investors include Kensington Private Equity Investors, BMO Capital Partners, Export Development Canada (EDC) iNovia Capital and RRE Ventures. 

OTTO produces three models of autonomous robots that operate on a proprietary platform for warehouses and...

https://s29755.pcdn.co/news/otto-motors-secures-29m-to-scale-self-driving-robot-platform-globally

Improving fulfillment efficiency during COVID-19

Improving fulfillment efficiency is a goal of virtually all successful warehouse operations. It’s an especially necessary aim now. The COVID-19 coronavirus pandemic continues to disrupt global supply chains. It’s spurring consumers to buy online to avoid spending time in spaces that could increase their likelihood of contracting the virus.

The path to boosting warehouse efficiency starts with facility managers becoming aware of vulnerabilities and working to improve them. Those individuals also...

https://s29755.pcdn.co/news/improving-fulfillment-efficiency-during-covid-19

COVID-19 expected to accelerate warehouse automation

COVID-19 expected to accelerate warehouse automation (Photo: Shutterstock)

Of the many structural changes that have happened within the logistics industry during the COVID-19 pandemic, strict adherence to social distancing has become one of crucial significance. Social distancing is easier said than done within supply chains, however, as logistics workers tend to work in crowded spaces. But with isolated working conditions becoming necessary, businesses are looking to introduce a variety of measures, including staggered work schedules and greater automation.

Over the...

https://s29755.pcdn.co/news/covid-19-expected-to-accelerate-warehouse-automation