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Deutsche Bahn invests in Gideon Brothers 
in $32 million financing round

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Gideon Brothers, a robotics and AI solutions company, has received a new investment from Deutsche Bahn Digital Ventures, the venture capital arm of Deutsche Bahn Group, as part of the recent Series A financing round led by Koch Disruptive Technologies valued at $32 million.

The Series A investment will accelerate the development and commercialization of Gideon Brothers’ AI and 3D vision-based autonomous mobile robots that automate horizontal and vertical material handling operations.

The company is also expanding its manufacturing, sales, customer success, and marketing operations across key markets of the EU and United States, by opening offices in Munich, Germany and Boston, Massachusetts. [Read more…] about Deutsche Bahn invests in Gideon Brothers 
in $32 million financing round

Gideon Brothers raises $31 million Series A funding for its autonomous mobile robots

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Gideon Brothers, a robotics and AI solutions company, today announced it has raised a $31 million Series A investment to accelerate the development and commercialization of its AI and 3D vision-based autonomous mobile robots (AMRs).

The company will also expand its manufacturing, sales, marketing, and customer success operations across key markets of the European Union and United States by opening offices in Munich, Germany and Boston, Massachusetts, respectively.

The Series A round was led by Koch Disruptive Technologies (KDT), the venture and growth arm of Koch Industries, with participation from DB Schenker, Prologis Ventures, and Rite-Hite. [Read more…] about Gideon Brothers raises $31 million Series A funding for its autonomous mobile robots

Baemin launches outdoor delivery robot in South Korea

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A company called Baemin, or Baedal Minjok, whose parent company is the better-known Woowa Brothers, has launched an outdoor delivery robot which is expected to be used for food deliveries. 

The robot is in service at the Gwanggyo Alley Way, a multipurpose housing complex in Gwanggyo, a planned city 25 km south of capital city Seoul.

When orders are placed in restaurants within the plaza via a Baemin app, the robot delivers to the ground floor of customer’s residence. [Read more…] about Baemin launches outdoor delivery robot in South Korea

LG partners with Woowa Brothers to develop food delivery robots

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Electronics and household appliances giant LG is partnering with unicorn startup Woowa Brothers to develop food delivery robots.

The partnership will aim to produce mobile robots that can deliver food to people’s homes as well to the tables of customers at restaurants.

While LG is well known around the world, Woowa Brothers is a startup which achieved unicorn status – became worth more than $1 billion – when German company Delivery Hero acquired it for around $4 billion in January this year. [Read more…] about LG partners with Woowa Brothers to develop food delivery robots

Gideon Brothers raises €2.65 million in new funding and partners with DB Schenker

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Leading global logistics provider DB Schenker has introduced Gideon Brothers autonomous logistics robots into service at its Leipzig facility.  

Gideon Brothers, an AI and robotics company, developed breakthrough autonomy technology that combines deep learning and advanced vision-based perception.

The technology offers a flexible solution for automating logistics operations in existing facilities, allowing productivity gains without the need to modify facilities. [Read more…] about Gideon Brothers raises €2.65 million in new funding and partners with DB Schenker