Slamcore and ROKStar Ventures
Slamcore announced a $14 million funding round, led by ROKStar Ventures, a subsidiary of Rockwell Automation.
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Slamcore and ROKStar Ventures
Slamcore announced a $14 million funding round, led by ROKStar Ventures, a subsidiary of Rockwell Automation.
Slamcore, a provider of spatial intelligence software, announced a $14 million funding round from top investors, including ROKStar Ventures, a subsidiary of Rockwell Automation, a global provider of industrial automation and digital transformation.
The company said that the round brings its total funding to $40M, with backing from investors including Toyota Ventures, Interwoven Ventures, MMC Ventures, Amadeus Capital Partners and IP Group.
Slamcore said that the investment arrives as global industrial operators face an urgent dual challenge: the need for productivity gains amid rising safety risks on factory and warehouse floors. Despite significant investment in automation, Slamcore said that many facilities remain digitally dark regarding their manual fleets.
"Delivering visual AI that performs reliably at the scale and complexity of a real factory or distribution center is a genuinely hard problem," said Ryan Gariepy, vice president of robotics at Rockwell Automation. "Most approaches either require significant infrastructure investment or fail to hold up in the dynamic, unpredictable conditions of an active facility. The potential for the same technology platform to work on every class of autonomous and human-operated industrial vehicle is key. We're also incredibly excited about their ability to scale without requiring complex and time-consuming vehicle or facility redesigns."
According to the Occupational Safety and Health Administration, between 35,000 and 62,000 forklift-related injuries occur each year in the U.S., resulting in an average of two fatalities every week. The company said that this safety risk exists alongside significant inefficiency, with forklifts being productive for less than half of their total operating time. Despite heavy technology investment, Slamcore added that most sites still lack real-time visibility into vehicle location and performance.
Using a stereo camera and proprietary visual AI, Slamcore said that its technology continuously tracks the position and behavior of any vehicle in a facility without GPS, beacons, floor markers or any other infrastructure. The company said that Slamcore Aware gives operations managers facility-wide visibility of every vehicle, enabling smarter utilization, faster investigations and meaningful reductions in idle time. Slamcore Alert monitors driver behavior and proximity to pedestrians and structures, catching the near misses before they become incidents.
"Operations managers in factories and warehouses have largely been flying blind when it comes to their manual fleets. Slamcore Aware and Slamcore Alert change that from day one, without disruption to existing operations," said Owen Nicholson, CEO of Slamcore and a member of Robotics 24/7’s Executive Advisory Board. "ROKStar Ventures’ investment tells us that the industry's most sophisticated players see this as a foundational infrastructure, not just another point solution. As our footprint grows, so does a body of real-world operational data that does not exist anywhere else and that will become the backbone for the next generation of physical AI."
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