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…and warehouse management. The Shenzhen, China-based company has subsidiaries in Hong Kong, Japan, Singapore, the U.S., and the Netherlands. HAI Robotics claimed that its award-winning HAIPICK autonomous case-handling robot (ACR) system for warehouse logistics, independently developed in 2015, is the first of its kind. The company has raised more than $200 million in its Series C and D rounds this…
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…fully driverless robotic taxicabs in China's largest service area across 65 sq. mi. (168 sq. km.) in its home city of Shenzhen. The company claimed that its vehicles can navigate all of the public roads in the Pingshan District, making it the first to cover an entire district in a major Chinese city. Dr. Jianxiong Xiao (a.k.a. “Professor X”), who…
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…U.K., the U.S., Japan, and China. Southeast Asian e-commerce grows Southeast Asia has experienced rapid growth in e-commerce, according to Geek+. Many businesses are now setting up headquarters in Singapore to access global connectivity, advanced infrastructure, and the abundance of logistics companies active in the region, it added. With the launch of its new office, Geek+ plans to enhance its…
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…Plus, which operates largely in China and has Chinese shareholders, could provoke an investigation by the Committee on Foreign Investment in the U.S. Neither party will be required to pay the other a termination fee as a result of the mutual decision to terminate the merger agreement. Plus remains part of autonomous truck popularity The merger would have yielded about…
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…and artificial intelligence. The Shenzhen, China-based company recently raised $200 million in Series C and D funding. It also won the robotics category in the 2021 NextGen Supply Chain Solution Provider Awards, presented by Supply Chain Management Review, a sibling site to Robotics 24/7. Cranfield, U.K.-based Invar Group said it delivers turnkey warehouse automation using industrial robotics, autonomous mobile robots…
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…SPAC, IPO 6/23/2021 WeRide Guangzhou, China 620 Series B, C 6/23/2021 Embark San Francisco 614 SPAC 6/23/2021 Level 5 San Francisco 550 Acquisition 4/26/2021 The global market for autonomous vehicles will experience a compound annual growth rate (CAGR) of 14%, growing from $719.94 billion in 2020 to $1.3 trillion in 2025, according to Research and Markets. Facts and Factors forecast…
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…an autonomous delivery vehicle in China. FedEx said it is the first time in its operations that it has partnered with a local Chinese technology company to test the use of a driverless vehicle. “FedEx Express is committed to developing and leveraging technologies that will help transform the logistics industry, enhance [the] customer experience, and reduce the environmental impact of…
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…shipped globally. The growth in China offset the contractions of other markets, said the IFR. The past year was the third most successful year in history for the robotics industry, following 2018 and 2017. Annual turnover of robots was more than $50 billion last year, including software and peripherals but not autonomous vehicles, drones, or business-process automation, said Milton Guerry,…
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…to Robotics 24/7. The Shenzhen, China-based company provides autonomous case-handling robotics (ACR) for warehouses. Founded in 2016, HAI Robotics has set up five subsidiaries in Hong Kong, Japan, Singapore, the U.S., and the Netherlands, serving customers from more than 30 countries and regions. The company said it has over 1,000 staffers, more than 50% of whom are engineers. HAI Robotics…
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…sq. m factory in Dongguan, China. Founded in 2016 with headquarters in Shenzhen, China, HAI Robotics has subsidiaries in Hong Kong SAR, Japan, Singapore, the U.S., and the Netherlands, serving customers from more than 30 countries and regions. It now has over 1,000 staffers, more than 50% of whom are engineers. The company has acquired more than 600 global patents…
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…sensors like lidar. In April, China-based AutoX chose Arbe to supply radar for its Level 4 robotaxis. Arbe to receive $118M in SPAC deal Industrial Tech Acquisitions (ITAC) shareholders approved the business combination with Arbe at a special meeting on Oct. 5. The SPAC is sponsored by Texas Ventures. “I am excited to complete this deal and look forward to…
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…its Asia-Pacific presence, mainly in China and East Asia, including the development of a regional hub in Singapore. “With our strong portfolio and integration expertise, Körber is uniquely positioned to support customers with operational challenges, turning complexities into strategic differentiators,” said Andreas Ebert, CEO of automation at Körber Business Area Supply Chain. “Automated solutions will not only transform supply chains…
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…in the U.S., Europe, or China.” “Robotic certificates for workers are valid around the globe and qualify for fantastic new career opportunities,” Bongart said. “This is not limited to the classic adopters of robotic and automation like the car industry but also true for small and midsized companies from a wide range of branches.” As more industries move toward automation…
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…Mech-Mind's Series C1 round, with participation from returning investors Sequoia Capital China and Source Code Capital. Taihecap was an investment bank advisor. Mech-Mind said it serves verticals such as automotive, home appliance, food and beverage, and pharmacy. The company's customers include BMW, DHL, Honeywell, Siemens, and Yaskawa.
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…Pudu Technology Inc. The Shenzhen, China-based company this month completed its C2-series financing, only four months after it raised C1 funding. Pudu Robotics said it has raised a total of $155 million. The startup is committed to the “spirit of invention” in its mission to improve productivity, efficiency, and smart living, said Felix Zhang, founder of Pudu Robotics. The company…
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North America’s largest robotics and automation event winds down
