• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to secondary sidebar
  • About
    • Contact
    • Privacy
    • Terms of use
  • Advertise
    • Advertising
    • Case studies
    • Design
    • Email marketing
    • Features list
    • Lead generation
    • Magazine
    • Press releases
    • Publishing
    • Sponsor an article
    • Webcasting
    • Webinars
    • White papers
    • Writing
  • Subscribe to Newsletter

Robotics & Automation News

Where Innovation Meets Imagination

  • Home
  • News
  • Features
  • Editorial Sections A-Z
    • Agriculture
    • Aircraft
    • Artificial Intelligence
    • Automation
    • Autonomous Vehicles
    • Business
    • Computing
    • Construction
    • Culture
    • Design
    • Drones
    • Economy
    • Energy
    • Engineering
    • Environment
    • Health
    • Humanoids
    • Industrial robots
    • Industry
    • Infrastructure
    • Investments
    • Logistics
    • Manufacturing
    • Marine
    • Material handling
    • Materials
    • Mining
    • Promoted
    • Research
    • Robotics
    • Science
    • Sensors
    • Service robots
    • Software
    • Space
    • Technology
    • Transportation
    • Warehouse robots
    • Wearables
  • Press releases
  • Events

Photoneo Brightpick raises additional $19 million to complete $40 million in Series B funding

January 18, 2023 by Mark Allinson

Photoneo Brightpick Group, the parent company of Photoneo, a provider of robotic vision sensors and intelligence software, and Brightpick, a provider of warehouse automation solutions for ecommerce and grocery order fulfillment, has raised an additional $19 million to complete a $40 million Series B.

Taiwania Capital led this most recent round, which also included follow-on investments by prior Series B lead investors IPM Group and Alpha Intelligence Capital.

Additional investors in this round include H&D Asset Management, Venture to Future Fund and Kolowrat Group. This round brings the company’s total capital raised since inception to $53 million.

Photoneo Brightpick Group has more than 300 employees and is used in over 5,000 technology installations across the US, Europe and Asia. Its customers include leading companies such as General Motors, Volkswagen and Kuka.

Currently, the US accounts for approximately 25 percent of Photoneo Brightpick Group’s revenue. The new funding will be used primarily to fund new installations of Brightpick’s warehouse automation solution in the US.

Brightpick has been actively rolling out its warehouse automation solution in Europe, including with Rohlik Group, one of Europe’s largest online grocers, with over 10 million orders per year and one million customers.

Rohlik recently implemented the Brightpick solution to automate order fulfillment and dispatch in its Prague fulfillment center.

The Brightpick solution takes a month to deploy, enables warehouses to reduce their picking labor by 95%, and cuts costs for order fulfillment by half. It is. The company is expected to announce a next-generation automated order picking solution powered by proprietary machine vision and AI technology in Q1 of 2023.

Jan Zizka, CEO and co-founder of Photoneo Brightpick Group, says: “We are seeing extremely strong interest from existing and new customers for Brightpick’s solution because it helps customers cut operating costs and eliminate labor challenges, two relevant concerns in today’s tough economic environment.

“These new funds will help us accelerate the pace of deployment of our solution and scale our US presence.”

Mitch Yang, managing partner at Taiwania Capital, says: “Photoneo Brightpick Group has strong leadership, talented engineers and world-class technology that will fundamentally change how online retailers and grocers do order fulfillment in the future.

“We look forward to working closely with them in this high-growth phase. In addition, we believe our connections to Taiwan’s ICT (Information and Communications Technology) sectors could add great value to this partnership.”

Print Friendly, PDF & Email

Share this:

  • Click to print (Opens in new window) Print
  • Click to share on Facebook (Opens in new window) Facebook
  • Click to share on LinkedIn (Opens in new window) LinkedIn
  • Click to share on Reddit (Opens in new window) Reddit
  • Click to share on X (Opens in new window) X
  • Click to share on Tumblr (Opens in new window) Tumblr
  • Click to share on Pinterest (Opens in new window) Pinterest
  • Click to share on WhatsApp (Opens in new window) WhatsApp
  • Click to share on Telegram (Opens in new window) Telegram
  • Click to share on Pocket (Opens in new window) Pocket

Related stories you might also like…

Filed Under: Business, News Tagged With: additional, automation, brightpick, capital, company, customers, europe, fulfillment, group, order, Photoneo, round, series, solution, technology, warehouse

Primary Sidebar

Search this website

Latest articles

  • InOrbit.AI secures $10 million Series A funding to scale robot orchestration platform
  • Serve Robotics takes its delivery robots to Chicago in partnership with Uber Eats
  • How Sports Management Software is Changing Team Dynamics: What is Sports Management Software?
  • Rockwell Automation builds ‘food industry’s first fully automated bacon production line’ for Middleby
  • The rise of next-generation data centres: Powering AI, quantum, and supercomputing
  • Aethon partners with Oracle to integrate cloud data processing into its robots
  • Rockwool partners with Swisslog to build automated high-bay warehouse in Germany
  • Geekplus reports record 31 percent revenue growth in first half of 2025
  • Einride autonomous truck crosses border without a human driver onboard
  • Samsung tests Diden robots for shipyard welding and automation

Secondary Sidebar

Copyright © 2025 · News Pro on Genesis Framework · WordPress · Log in

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie SettingsAccept
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT