Found in Robotics News & Content, with a score of 1.57
April 21, 2021
…Markets. Meituan's e-commerce rivals include Alibaba Group, Amazon.com, and JD.com. All of them are actively developing delivery robots and drones or are partnering with autonomous systems providers. Other companies working on delivery robots include Daxbot, Eliport, Postmates, Refraction AI, Tortoise, and Unity Drive Innovation. Kiwibot last week launched Version 4.0 of its eponymous robot and partnered with Segway. Chipotle invested in Nuro last month, and Domino's Pizza is testing deliveries with the Nuro R2 in Houston. In January, Starship Technologies raised $14 million and added more college campuses to the locations it serves. The company said it has completed 1…
Found in Robotics News & Content, with a score of 1.54
July 18, 2023
…successful implementations at L'Oreal, IKEA, UNIQLO, Walmart, Orbis, Mitsubishi, JD Logistics, BYD, and more. TCL deployed Flex AMRs with a lifting module for line-side delivery, which FowardX said was “the world’s first 5G AMR deployment” (see video above). Chery recently deployed more than 100 AMRs from across ForwardX's product lines as one unified fleet to support its automotive Super Factory, which produces over 300,000 vehicles and 200,000 KD units per year. ForwardX said these partnerships have demonstrated the value of its technologies in improving efficiency, productivity, and operational excellence across various sectors. Last week, ForwardX named Richmond Rolling Solutions as…
Found in Robotics News & Content, with a score of 1.45
September 14, 2021
…and Melbourne. Since 2003, the firm’s private equity business has invested in technology companies including Locus Robotics, Facebook, LinkedIn, JD.com, Spotify, Peloton, Instacart, DoorDash, and Waymo.
Found in Robotics News & Content, with a score of 1.35
September 06, 2023
…from our Asian business. We’ve helped companies like UNIQLO, JD.com, PALTAC, and Fancl adopt robotics within their distribution centers. In the U.S., we’re working with some very large organizations in retail, CPG [consumer packaged goods], e-commerce, and 3PL [third-party logistics]. We are also partnering with some of the largest robotics and material handling integrator partners in the U.S. At this time, we are not at liberty to disclose our customers or partnerships. New products to get traction Mujin showed its TruckBot at ProMat and its Bin-Picking Workcell at Automate—how has the reception been to those products in the U.S.? Cloer:…
Found in Robotics News & Content, with a score of 1.31
August 03, 2021
…throughout a heavy-duty truck's lifecycle of 1.5 million km (932,000 mi.). Inceptio Technology raised $120 million in November 2020. JD Logistics, Meituan, and PAG jointly led its Series B round. Deppon Express, IDG Capital, CMB International, SDIC, Mirae Asset, Eight Roads, and Broad Vision Funds also participated in the investment, and existing shareholders GLP Hidden Hill Capital, CATL, NIO Capital and Eastern Bell Capital actively followed. The company said its autonomous driving freight network has been embraced by a number of top-tier shippers and fleets in China.
Found in Robotics News & Content, with a score of 1.29
August 23, 2021
…operators such as Penske, A. Duie Pyle, Amazon, and JD.com to evaluate the efficacy of different systems and the friction points that might arise. These companies have been reaping the benefits of enhanced key performance metrics such as shorter dock-to-stock cycles and improved inventory accuracy, said ABI. This is thanks to successful deployment of various automation and vision-based systems in their day-to-day operations, it found. Combining systems for results “In addition to robots, warehouse operators should be seeking to combine the value of multiple solutions across the fulfillment workflow to achieve desired results,” explained Luitel. “There is also a need…
Found in Robotics News & Content, with a score of 1.28
September 08, 2022
…automation capabilities used by the world’s leading companies,” said JD Ambati, founder and CEO of Everest Labs, in a statement. “We opened the Robot Operations Center to help MRF operators lead recycling into the 21st century. The new center allows us to further provide MRFs with access to full-stack enterprise AI software and robotics that assure vertical integration, efficiency, and allow for continuous improvement at plants.” Going green with robotics and AI Founded in 2018, EverestLabs’ flagship product is Recycle OS, which it described as an “AI-enabled recovery-to-reuse operating system that helps material recovery facilities (MRFs) recover more recyclable objects.”…
Found in Robotics News & Content, with a score of 1.11
June 13, 2022
…in leading technology companies. They include AutoStore, Berkshire Gray, JD Logistics, and Uber. The business combination was approved at a special meeting of SVFC shareholders held on June 3. As a result of the transaction, the combined company received additional growth capital to supplement its existing $363 million of combined cash on the balance sheet as of March 26 and proceeds from a May 20 warrant exercise. “We are thrilled to complete our business combination with Symbotic,” said Yanni Pipilis, chairman and CEO of SVF and managing partner at SBIA. “We believe Symbotic is years ahead of its peers, with…
Found in Robotics News & Content, with a score of 1.11
September 30, 2022
…empowering MRF operators, the unsung heroes of recycling,” said JD Ambati, founder and CEO of EverestLabs. “This funding will enable us to continue investing in our technology and our employees to support global customers.” “It is exciting to see EverestLabs graduate from the BGV seed program and bring state-of-the-art AI software to improve the efficiency of the materials recycling industry,” said Ron Sege, partner at Benhamou Global Ventures. “The team at the company has already made an impact on the circular economy by demonstrating that significantly more reusable material can be recovered at lower cost and with increased safety.” EverestLab…
Found in Robotics News & Content, with a score of 1.04
September 14, 2021
…its twelfth fund. It cited entrepreneur partners such as JD.com, Meituan, Facebook, LinkedIn, Toast, Stripe, ByteDance, Warby Parker, Flipkart, and DiDi. Tiger Global is based in New York and has affiliate offices in Hong Kong, Beijing, Singapore, and Bangalore. Mobile robot market keeps rolling Mobile robot companies have raised more than $1 billion so far this year. Top deals included GreyOrange's planned $500 million initial public offering (IPO), Zebra Technology's acquisition of Fetch Robotics for $290 million, Locus' $150 million Series E, and ForwardX's $38 million Series B round. The global market for mobile robots (including automated guided vehicles or…
Found in Robotics News & Content, with a score of 0.92
December 19, 2019
…Other major automated guided vehicle (AGV) developers like Quicktron, JD.com, Geek, and Grey Orange are deploying thousands of robots yearly, while autonomous mobile robot (AMR) developers are just beginning to scale up. Brain Corp. has deployed 5,000 systems primarily in retail, and BlueBotics has deployed some 2,000 robots for intralogistics in and around the supply chain. Meanwhile MiR, an AMR company acquired by Teradyne in 2018, is beginning to achieve growth rates in excess of the company’s other robotics acquisition of major cobot developer, Universal Robots. The distinction between AGVs and AMRs can be contested, but AMRs do not require…
Found in Robotics News & Content, with a score of 0.92
December 14, 2021
…and logistics providers have successfully deployed ForwardX's AMRs, including JD Logistics, SF DHL Supply Chain China, TCL Electronics, ITOCHU Logistics China, and Dongfeng Motor Corp. The company also stated that it was a core provider for the world’s first 5G-enabled AMR deployment after its award-winning project with TCL Electronics. Source: ForwardX Robotics Investors expect growth in robotics, 5G Taikang Life Insurance led ForwardX's initial Series C round, with contributions from Qualcomm Ventures and Starlight Capital. Only seven months after the closure of its $63 million Series B round, the latest funding brings ForwardX to approximately $100 million in total investment…
