Found in Robotics News & Content, with a score of 12.05
July 27, 2021
…zero-emission systems. The private company said it has raised a total of $118 million in funding from NEA, 8VC, Koch Disruptive Technologies, and other investors. Outrider has filed for multiple patents to protect its intellectual property, completed multiple logistics pilot programs, and established a broad partner ecosystem. It is working with multiple Fortune 500 companies and was recognized by Gartner Inc. as a 2020 “Cool Vendor in Supply Chain Execution Technologies.”
Found in Robotics News & Content, with a score of 11.41
June 09, 2021
…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 reduces maintenance requirements while increasing uptime and reliability, Genesis added. And with no need for gears, belts, or lubrication, LiveDrive actuators can simplify the drivetrain, increasing performance and…
Found in Robotics News & Content, with a score of 10.88
July 19, 2022
…$118 million in funding to date and developed extensive intellectual property. The private company is backed by NEA, 8VC, Koch Disruptive Technologies, and other investors. Fast Company recently recognized Outrider in its 2022 “World’s Most Innovative Companies” list, placing it in the top 10 within the Logistics category.
Found in Robotics News & Content, with a score of 10.71
October 26, 2021
…plans Existing investor Temasek led Fabric's Series C round. Koch Disruptive Technologies, Union Tech Ventures, Harel Insurance & Finance, Pontifax Global Food and Agriculture Technology Fund (Pontifax AgTech), Canada Pension Plan Investment Board (CPP Investments), KSH Capital, Princeville Capital, Wharton Equity Ventures, and others also participated. Past investors include Corner Ventures, Innovation Endeavors, Aleph, Playground Ventures, and Evolv (Kraft Heinz). Fabric has raised $336 million to date. “We believe the movement to local fulfillment presents an opportunity to make retail and e-commerce more sustainable, and we’re thrilled to partner with the leader in micro-fulfillment to make this vision a reality,”…
Found in Robotics News & Content, with a score of 10.58
April 27, 2023
…20 percent of all yard trucks operating in North America, Outrider is a private company backed by NEA, 8VC, Koch Disruptive Technologies, FM Capital, and other top-tier investors.
Found in Robotics News & Content, with a score of 10.40
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…
Found in Robotics News & Content, with a score of 9.36
January 19, 2023
…of directors.” Existing investors participating in the round include Koch Disruptive Technologies (KDT) and New Enterprise Associates (NEA). “Our confidence in Outrider is based on its technical and commercial leadership in yard automation for fully autonomous vehicles to integrate fluidly into real-world customer operations,” said Mohamed “Sid” Siddeek, head of NVentures. “The fundamental processing pipeline for autonomous vehicles can be applied to all kinds of autonomous and robotics systems, a key area of focus for NVIDIA.” Other new investors joining the Series C financing are B37 Ventures; Lineage Ventures, the corporate venture capital arm of Lineage Logistics; Presidio Ventures, the…
