Found in Robotics News & Content, with a score of 11.79
November 18, 2022
…Fund led ISEE's Series B round, with participation from Maersk Growth, Eniac Ventures, New Legacy, and other new and existing investors. The company has raised a total of $70 million since 2017. “ISEE is focused on logistics yards because of their economic importance and because autonomous driving is ready to perform in logistics yards today,” said Scott Nolan, a partner at Founders Fund. “That’s why ISEE is already working with some of the world’s largest companies and why we backed them again.” “ISEE has built the leading technology solution in the market. Period,” added Peter Votkjaer Jorgensen, a partner at…
Found in Robotics News & Content, with a score of 7.17
October 31, 2022
…market. The Swedish company already works with Lidl Sweden, Maersk, and Oatly, as well as global appliance leader Electrolux. Operations with Electrolux follow a successful partnership in Sweden and are expected to reduce CO2 emission by 92% in comparison with driving with diesel. Other partners have seen a similar decrease while matching the cost of diesel, said Einride. “Germany is in the driving seat of Europe; where it goes others follow suit,” said Falck. “We have the opportunity and technology to bring the biggest change to the freight industry since the invention of the internal combustion engine and are ready…
Found in Robotics News & Content, with a score of 9.52
October 27, 2022
…in automation for materials handling. For instance, shipping giant Maersk last year acquired Visible Supply Chain Management (SCM) for $838 million. The deal followed Maersk's strategic goal of serving 75% of the U.S. direct-to-consumer market within 24 hours and to deliver to 95% of the U.S. market within 48 hours. The company gained nine fulfillment centers, accounting for more than 20 million sq. ft., to its distribution network. In addition, Maersk said it expects Visible SCM to have synergy with its 2020 acquisition of Performance Team for $545 million. Performance Team focused on providing larger customers with robotics for distribution…
Found in Robotics News & Content, with a score of 8.18
September 01, 2022
…beginning to deploy production robots with early-adopter customers like DHL Supply Chain, Gap, H&M, and Performance Team – A Maersk Company,” said Playter. “We’ll continue working closely with those customers over the next several months to collect feedback and make minor improvements as we ramp up our manufacturing and service operation to meet broader market demand.”
Found in Robotics News & Content, with a score of 5.57
August 05, 2022
…Supply Chain, Gap, H&M, and Performance Team – A Maersk Company. We’ll continue working closely with those customers over the next several months to collect feedback and make minor improvements as we ramp up our manufacturing and service operation to meet broader market demand. Eventually, we’ll expand Stretch’s capabilities to allow the robot to handle a wider variety of warehouse tasks. With Stretch sold out for next year, what do you expect in terms of demand beyond that? How much have you had to ramp up staff at your new headquarters in Waltham, Mass.? Playter: Early demand for Stretch has…
Found in Robotics News & Content, with a score of 17.80
June 23, 2022
…company said. Lakestar leads the round, with participation from Maersk Growth, Kindred Capital, and Capnamic. “More than 80% of warehouses have no automation at all,” said Lakestar Partner Christoph Schuh. “With warehouses expected to grow by 50% by 2025 and labor shortages of over 30%, automation clearly holds the key to ensuring logistics operations are as optimized as possible. “Logistics is an industry that always faced margin pressures and little means to invest into a digital infrastructure. BotsAndUs real-time data capture abilities create this infrastructure and the basis for long-term automation of warehousing operations,” he added. BotsAndUs partnerships BotsAndUs said…
Found in Robotics News & Content, with a score of 9.50
May 31, 2022
…For instance, Einride recently announced a partnership with A.P. Moller-Maersk, which is adding 300 connected electric trucks to its North American network. It claimed it is one of the largest heavy-duty electric truck deployment to date. The trucks will use Einride’s Saga data-driven operating system. Einride plans to deliver the trucks between 2023 and 2025 and said it will electrify Maersk's North American warehousing, distribution, and transportation businesses in select U.S. cities. Autonomous and uncrewed vehicles are still in early adoption, but they are proceeding with a bit more momentum than in the past. AUVSI XPONENTIAL not represented a sector…
Found in Robotics News & Content, with a score of 13.57
March 28, 2022
…Supply Chain, Gap, H&M, and Performance Team – A Maersk Company. Boston Dynamics said it is now accepting reservations for 2023 and 2024 deliveries. The Waltham, Mass.-based company has three robots in its portfolio: Spot, a quadruped that conducts industrial inspections for enterprise asset management; Atlas, its humanoid robot; and Stretch. The company said its robots are equipped with advanced mobility, dexterity and intelligence, enabling automation in unstructured or hard-to-traverse spaces, from manufacturing plants and construction sites to distribution centers and warehouses. Stretch handles cases up to 50 lbs. Boston Dynamics described Stretch as a versatile mobile robot that unloads…
Found in Robotics News & Content, with a score of 18.93
January 18, 2022
…technology from the status quo.” Source: 7bridges Eight Roads, Maersk invest in transformation Eight Roads led 7bridges' Series A round, with additional investment from Maersk Growth and support from existing investors Local Globe and Crane. “Almost every shipper is facing significant supply chain challenges from rising costs and a changing regulatory environment and lacks the tools and know-how to navigate them,” said Davor Hebel, managing partner and head of Eight Roads Europe. “7bridges is creating a new category of value optimization software for logistics, which has historically only been a service available to the largest shippers from consultants. We are…
Found in Robotics News & Content, with a score of 13.74
January 05, 2022
…Holding, the investment arm of international logistics company A.P. Møller-Maersk. Blue Ocean Robotics, which described itself as a “robot venture factory,” said it develops and commercializes mobile robots to improve productivity, the working environment, sustainability, and the quality of customer service. The Odense, Denmark-based company has set up subsidiaries for each robot brand and serves the healthcare, hospitality, construction, and agriculture industries. “Blue Ocean Robotics has developed several robot solutions that can automate and streamline critical and routine tasks, including in healthcare systems,” said Jan Nielsen, chief information officer at A.P. Møller Holding. “We look forward to following and supporting…
Found in Robotics News & Content, with a score of 16.22
June 10, 2021
…also announced active, real-world implementations at Lazer Spot and Maersk, an investor in ISEE. “Unlike other autonomous vehicle solutions, ISEE AI anticipates unexpected behavior, flexibly adapts to any environment, and works alongside human driven vehicles without disruption,” stated Yibiao Zhao, co-founder and CEO of ISEE. “Our solution understands its surroundings and intuitively predicts other drivers’ behavior, enabling smooth vehicle-vehicle and human-vehicle coordination, keeping equipment and drivers safe.” “Our launch marks the beginning of our mission to build towards a future where autonomous machines can thrive alongside humans and easily and safely integrate into any environment,” said Zhao. ISEE systems work…
Found in Robotics News & Content, with a score of 12.64
May 06, 2021
…B round included Temasek, Soros Fund Management LLC, Northzone, Maersk Growth, and Build Capital. Existing investors EQT Ventures, Plum Alley Investments, Norrsken VC, Ericsson and NordicNinja VC also participated. “With our global reach and expertise, we want to act as a catalyst for the next generation of logistics power players, as an investor and as a partner,” said Jeppe Høier, Partner at Maersk Growth. “We look forward to being part of Einride’s mission to electrify and decarbonize inland transport globally.” “The road freight market is at an inflection point, with consumer demand and regulation pushing shippers to look for sustainable…
