Found in Robotics News & Content, with a score of 1.22
December 14, 2021
…delivery of raw materials for production. Leading manufacturers 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…
Found in Robotics News & Content, with a score of 1.17
March 02, 2020
…and secure supply chain.Digital Transformation Solution Provider Award – JD.com End User Award – GE Appliances JD Logistics, an independent business group under the JD.com umbrella, created its open platform for digital supply chain. The idea is to provide companies of all sizes to run a digital supply chain even without internal resources. This comprehensive and integrated supply chain service spans from procurement to physical distribution leveraging intelligent planning, production and supply chain across digital technologies including 5G. Digital transformation at GE Appliances is not just a big picture approach. It is comprehensive, and required just 18 months to go…
Found in Robotics News & Content, with a score of 0.96
September 14, 2021
…by a robust pipeline of customer growth as the company capitalizes on the vast supply chain and rapidly growing logistics market.” Founded in 2001, Tiger Global is based in New York, with offices in Hong Kong, Singapore, Bangalore, 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 0.90
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 0.74
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 0.70
September 14, 2021
…Locus added that its technology can help retailers, third-party logistics providers (3PLs), and specialty warehouses efficiently meet or exceed the increasingly complex demands of fulfillment environments. In addition, the company said its robots can easily integrate into existing warehouse infrastructures without disrupting workflows. This year, Locus Robotics marked a half-billion units picked and made the list of Inc. 500, ranking No. 428. “We've almost doubled in size in the past year,” said Kary Zate, senior director of marketing communications at Locus. “Our customer base has also grown in the past two years.” “Among the things that make Locus different are…
Found in Robotics News & Content, with a score of 0.41
December 13, 2021
…public such as Aurora, AutoStore, Berkshire Gray, DiDi, DoorDash, JD Logistics, Uber, and WeWork. More transaction details The minimum cash of the transaction is fully covered by the $405 million of committed equity capital that Symbotic and SVFC have raised, reducing potential transaction uncertainty. Symbotic also expects to receive an additional $174 million in cash from Walmart by the end of December to be used for general corporate purposes as a result of Walmart gross exercising warrants it holds in the Company. At closing, assuming no SVFC public shareholders exercise their redemption rights, existing Symbotic equity holders are expected to…
Found in Robotics News & Content, with a score of 0.40
March 22, 2022
…the robotics ecosystem, including Amazon Web Services, Hyundai Robotics, JD.com, Komatsu, and Meituan. “We are extending the powerful Microsoft Azure platform to the intelligent edge,” said Roanne Sones, corporate vice president for Microsoft Azure Edge + Platforms. “Combining Azure’s advanced capabilities with performance and software development tools such as NVIDIA Jetson AGX Orin helps give developers a seamless experience to easily build, deploy, and operate production-ready AI applications.” Jahmy Hindman, chief technology officer at John Deere, noted: “With the global population expected to reach nearly 10 billion people by 2050, farmers have a steep challenge of feeding the world, and…
