Found in Robotics News & Content, with a score of 18.44
August 31, 2021
…chief technology officer; and Gautam Narang, CEO. Source: Gatik Koch leads investment Gatik said its Series B round was heavily oversubscribed and brings the total amount it has raised to $114.5 million. Koch Disruptive Industries (KDT) led the round. Existing investors Innovation Endeavours, Wittington Ventures, FM Capital, Dynamo Ventures, Trucks VC, Intact Ventures and others also participated. Several strategic investors also joined the round, and all of them expect to contribute their expertise to advance Gatik’s mission, said the company. “The logistics industry is experiencing unprecedented disruption driven by the explosive growth of ecommerce, and demand for more efficient goods…
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 20.46
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 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 34.80
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 26.21
May 28, 2019
…tools and fixtures for our high-volume production,” says Raphael Koch, research engineer for Ford R&A Europe. To date, Ford has implemented more than 50 3D-printed tools for high-volume production as part of its Ford Focus vehicle program, an accomplishment that has translated into significant cost savings, Koch says. Currently, skilled engineers model a tool design in Dassault Systemes CATIA and once it’s refined and validated, it is sent off to local plants, where it is 3D printed to use as part of the production process. Looking ahead, Ford is experimenting with software that will allow untrained plant workers to use…
Found in Robotics News & Content, with a score of 39.49
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…
