Found in Robotics News & Content, with a score of 47.72
February 01, 2019
…closing of a $160 million funding round, led by Koch Disruptive Technologies (KDT), to advance the global commercialization of its metal 3D printing technology. Combined funding since its 2015 inception is now at $438 million. KDT is an investment firm focused on finding and funding innovative and emerging technologies. KDT is a subsidiary of Koch Industries, one of the largest privately-held companies in America with over $110 billion in annual revenues, according to Forbes, and an investor of more than $17 billion into technology companies in the last six years. “Desktop Metal’s 3D printing solutions can redefine prototyping and mass…
Found in Robotics News & Content, with a score of 47.07
May 25, 2021
…Industrial Robots ApS today announced a strategic collaboration with Koch Industries that includes global evaluation of autonomous mobile robots. Guardian Industries, a subsidiary of Koch Industries Inc., began working with Mobile Industrial Robots (MiR) last year. It had tested different systems for automating in-house transportation to optimize productivity and internal workflows. A cross-functional effort led by the company's Manufacturing Transformation Team allowed to deploy MiR robots in pilot projects at two sites in the U.S. The success of these pilot projects resulted in the agreement between Koch Industries and Mobile Industrial Robots. “We have entered into this strategic agreement with…
Found in Robotics News & Content, with a score of 30.56
June 09, 2022
…lidar company's total funding to more than $300 million. Koch Disruptive Technologies, or KDT, led the round. “We are pleased and proud to progress our partnership with existing investors including KDT, as well as additional backers, which are joining forces with us for the first time,” said Raviv Melamed, co-founder and CEO of Vayyar Imaging. “During a challenging period for the global economy, this new funding round is a ringing endorsement of our mission and a clear vote of confidence in the strength of our technology and the strategic agility of our organization.” Tel Aviv, Israel-based Vayyar was founded in…
Found in Robotics News & Content, with a score of 26.87
August 27, 2024
…standpoint, we are utilizing a lidar-based technology,” said Joe Koch, sales manager, emerging technology, operator assist systems and telematics at Yale. “It's constantly scanning at about 170 degrees at about 30 feet. But there's a certain buffer zone that we put in there for the system to actually target a controlled slowdown. But with that 170 degrees, we're actually calculating the algorithm to the width of the truck.” As Reliant constantly scans the lift truck’s surroundings, it’s not only looking for objects in the lift truck’s path, but also running advanced computations to continue safely moving the vehicle and its…
Found in Robotics News & Content, with a score of 26.54
June 17, 2023
…Series C in equity and debt funding, led by Koch Disruptive Technologies, alongside new investors Zimmer Partners and one of the largest U.S. energy companies. Percepto Autonomous Inspection & Monitoring (AIM), the company's end-to-end visual inspection solution powered by autonomous drones, robots and AI, enables critical infrastructure sites to increase the frequency and quality of inspections via automation. The solution automates the entire visual inspection workflow, from data collection to AI-powered analysis and insights. The round includes participation from existing investors U.S. Venture Partners, Delek US Holdings, Atento Capital, Spider Capital and Arkin Holdings, bringing the total investment in the…
Found in Robotics News & Content, with a score of 24.72
June 09, 2021
…labor shortages. Source: Gideon Brothers Investors recognize AMR potential Koch Disruptive Technologies (KDT), the venture and growth arm of Koch Industries Inc., led Gideon Brothers' Series A round, with participation from DB Schenker, Prologis Ventures, and Rite-Hite. Several of Gideon Brothers' existing shareholders also participated, including Taavet Hinrikus (co-founder of TransferWise), Pentland Ventures, Peaksjah, HCVC (Hardware Club), Ivan Topčić, Nenad Bakić, and Luca Ascani. Gideon Brothers plans to expand its board of directors with two industry veterans: Annant Patel, director at KDT, and Xavier Garijo, member of the board of management for contract logistics at DB Schenker. “With more than…
Found in Robotics News & Content, with a score of 24.14
April 22, 2022
…new ways to work,” said Annant Patel, director at Koch Disruptive Technologies, an investment unit of Koch Industries, and a Gideon board member. “As new technologies become available, the supply chain challenges act as a catalyst to spur companies to innovate – Gideon being one of them,” he noted. “We may face uncertainties, but innovators like Gideon prove that the future is here and now.” Global logistics firm DB Schenker is another Series A investor and early customer of Gideon. Xavier Garijo, member of the board of management for contract logistics at DB Schenker, as well as a board member…
Found in Robotics News & Content, with a score of 22.00
August 31, 2021
…to address critical supply chain challenges and build an industry-defining business. With this financing, we are ideally positioned to commercialize our solution at scale.” Founded in 2017 by autonomous technology veterans, Gatik has offices in Palo Alto, Calif., and Toronto. The company focuses on short-haul, business-to-business (B2B) logistics for Fortune 500 retailers. Gatik said its fleet of Class 3 to 6 autonomous trucks are already generating revenue in Arkansas, Louisiana, Texas, and Ontario. Since its Series A financing in November 2020, the company has launched new electric trucks with Walmart and partnered with Isuzu to implement OEM-grade redundancies for medium-duty…
Found in Robotics News & Content, with a score of 20.35
January 31, 2023
…representatives from Walmart, Amazon, IKEA, and Target. Some 250 industry experts will also share their insights during panel discussions and talks. Tomorrow at 10:20 a.m. PT, Addverb Americas CEO Mark Messina will speak as part of “The Automated Micro Fulfillment & Autonomous Routing” panel. Other experts on the panel will include executives from Davinci Micro, Koch Disruptive Technologies, and Wise Systems. The session will “discuss trends in autonomous micro-fulfillment and autonomous routing,” Addverb said. Addverb invests in U.S. market Addverb has spent the past year expanding its presence in the U.S. after Reliance Retail Ventures Ltd. invested $132 million in…
Found in Robotics News & Content, with a score of 17.63
June 09, 2021
…represents a true breakthrough for the robotics and automation industries.” The Langley, British Columbia-based company was founded in 2014 and develops actuators and other mechanical innovations to change how robots are built and move. In April 2018, Koch Engineered Solutions made a strategic and controlling investment in Genesis to commercialize technologies including LiveDrive. Genesis Robotics designs for simplicity, safety Genesis Robotics said its LiveDrive LDD actuators “redefine the standard of simplicity, cleanliness, and productivity for high-throughput machines.” The high-torque, compact drive is designed for robots and machines in the food, packaging, pharmaceuticals, and electronics industries, said the company. LiveDrive can…
Found in Robotics News & Content, with a score of 16.99
March 15, 2024
…like object detection, proximity detection and real-time location sensing. “The interest that this technology continues to attract,” said Joe Koch, emerging technology sales manager at Yale. “Whether at the industry’s leading tradeshows or reflected in the thousands of trucks commercially deployed with it, speaks to forklift accident prevention as a critical priority for today’s warehouses.” Yale Reliant keeps the operator in ultimate control of the lift truck, but depending on the package selected, automatically applies interventions in response to compromised stability, obstacles detected in the path of travel or in close proximity and even based on rules specified for certain…
Found in Robotics News & Content, with a score of 14.95
December 19, 2022
…is a private company backed by NEA, 8VC, and Koch Disruptive Technologies, and other top-tier investors. Outrider said it has raised $118 million in funding to date and holds extensive intellectual property. TrailerConnect uses AI to handle variability In distribution yards around the world, yard trucks transition trailers from dock doors to parking spots to public roads, noted Outrider. To move these trailers, truck drivers connect pressurized brake lines to trailers to release the parking brake and move the trailers around the yard. It is a manual, often dangerous task that requires the driver to get in and out of…
