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SVT Robotics, a leader in enterprise software for the implementation of industrial robotics, today announced the appointment of Cole Heffernan as Chief Financial Officer (CFO). Heffernan joins the SVT executive team having most recently served as Head of Operations at SEI Novus, a cloud-native portfolio intelligence and analytics platform for institutional investors. Prior to SEI Novus, Heffernan served as CFO…
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Automation solutions provider Addverb has announced the launch of a smart factory with Purdue University’s School of Engineering Technology. Addverb’s live automation system comprising both hardware and software will enable Manufacturing Engineering Technology (MFET) undergraduate students and faculty to interact with real-world applications of modern industrial automation in supply chain management and warehouse design, explained the company, known for autonomous…
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Veo Robotics, a startup offering intelligent safeguarding for industrial robots, announced today that it has newly closed funding from the Amazon Industrial Innovation Fund, Safar Partners, and Yamaha Motor Ventures for a total of $14 million. The full investment round including earlier closings totals $29 million. This funding will accelerate Veo’s strategy of working with selected corporate partners to deploy…
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SVT Robotics, a leader in enterprise software for the rapid deployment of industrial robotics, today announced a new SOFTBOT Platform Connector for Tecsys Inc., an industry-leading supply chain management software company. SVT and Tecsys worked together to develop and launch the pre-built connector between the Tecsys WMS and SVT's SOFTBOT Platform. The integration will provide Tecsys Elite™ customers much faster…
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GreyOrange, Inc., a global leader in automated robotic fulfillment and inventory optimization software, today announced co-founder Akash Gupta as Chief Executive Officer. Gupta leads GreyOrange’s seasoned senior executive team to advance the company’s mission to be the world’s leading automation solutions platform. Gupta and co-founder Samay Kohli have worked closely together since GreyOrange’s inception over a decade ago, guiding the…
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Hyster Company has announced the recipients of its 2022 Dealer of Distinction award, recognizing their strong commitment to materials handling excellence and customer satisfaction. The award honors dealer partners that have exhibited leadership and continue to drive their organizations to the highest level of performance. Customers depend on the expertise and reliable support of Hyster dealers to help them navigate…
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Covariant, an AI robotics company, has announced it has raised an additional $75 million in Series C funds, bringing its total funding to $222 million. Returning investors Radical Ventures and Index Ventures co-led the round, which also saw additional funding from returning investors Canada Pension Plan Investment Board and Amplify Partners. The round also welcomed new investors Gates Frontier Holdings,…
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Berkshire Grey has announced the company has entered into a definitive merger agreement with SoftBank Group Corp. and its affiliate. Under the agreement announced on March 24, 2023, SoftBank will acquire all of the outstanding capital stock of the warehouse robotics company not currently owned by SoftBank for $1.40 per share in an all-cash transaction valued at approximately $375 million.…
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During Industry Night at ProMat 2023 on March 22, MHI announced the winners of the 2023 MHI Innovation and Startup Awards. After receiving 156 submissions for this years’ awards, judges comprised of professionals from the material handling and supply chain industry completed the initial vetting process. Four finalists were previously chosen and announced as the most innovative products in each…
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ForwardX Robotics (Booth N7352), a supplier of AMR-based assisted picking solutions worldwide, announced at ProMat it will giveaway a 10-AMR system to a lucky winner in the United States. The 10-AMR system will consist of ForwardX’s Flex autonomous mobile robots (AMRs) along with the appropriate accessories and its f(x) Fleet Manager. Flex AMRs are primarily used for piece picking or…
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ForwardX Robotics (Booth N7352), a global autonomous mobile robot (AMR) and warehouse solutions provider, introduces its latest autonomous forklift: Apex C1500-L. The new forklift further enhances ForwardX’s capabilities in pallet movement workflows with a higher payload capacity and the ability to work with both GMA and Euro pallets. As the warehousing industry faces difficulties in hiring and retaining forklift operators…
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Gap Inc. Longview, Texas Square Footage: 800,000 square feet Brands Serviced: Old Navy Products Handled: Apparel and accessories SKUs: 100,000 SKUs Throughput: 500,000 units a day expanding to 1 million units per day in 2023 People/Shifts: Two 10-hour shifts per day/7 days per week. Shifts flex at peak Gap Inc.’s facilities are highly automated, yet its processes are simple, with…
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The Robotics Group (TRG) Industry Group of MHI has produced a new educational resource highlighting the latest innovations in the automation industry. The video highlights the latest applications in the automation industry, while also focusing on the important decision-making factors one should be aware of when considering automation. “The Robotics Group is a diverse group with extensive expertise that can…
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Nimble Robotics, an autonomous logistics and AI robotics company, announced today that it has raised $65 million in a Series B financing round led by Cedar Pine, with participation from existing investors DNS Capital, GSR Ventures, and Breyer Capital, among others. The additional funds bring total capital raised to $115 million. Building on five years of experience in robotic ecommerce…
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RightHand Robotics, a leader in data-driven, autonomous robotic picking solutions for order fulfillment, announces the appointment of tech industry veteran Brian D. Owen as Chief Executive Officer. With 30-plus years of experience and leadership in finance, technology and commercial deployment, Owen will guide RightHand Robotics through its next phase of growth and lead the continued scale-up of its piece-picking business.…
Ultrasonic sensing enhances robotics perception
Cybernetix Ventures’ event kicks off Robotics Tech Week 2026 slate of events
Preview the manufacturing and warehouse components that will be on the…
Preview the manufacturing and warehouse robots and software that will be on…
