Robotics & Automation News

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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

Demand for delivery robots has ‘quadrupled’ in past year, says Starship Technologies

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Starship Technologies, the world’s leading provider of autonomous delivery services, says its delivery numbers have “quadrupled globally since the beginning of the Covid-19 pandemic”, and the service is now available to 1 million people around the world.

Ahti Heinla, co-founder and CEO of Starship Technologies, says: “This past year has been a game changer for autonomous delivery, moving adoption ahead by years.

“When we launched commercial delivery three years ago, we didn’t expect to be at the point we are today. We marked the significant milestone of one million deliveries in January 2021 and we’ve since surpassed 1.5 million deliveries. [Read more…] about Demand for delivery robots has ‘quadrupled’ in past year, says Starship Technologies

Sesto Robotics expands into Europe, targeting Germany, Austria, Switzerland

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Singapore-based Sesto Robotics is expanding into Europe, targeting Germany, Austria, Switzerland.

Sesto is believed to be the first Singapore-based robotics company to provide autonomous mobile robot solutions for smart manufacturing in Europe.

Sesto says it is Singapore’s leading autonomous mobile robot company, and is partnering with the Germany-based automation specialist Baumüller, to bring its flagship AMR Sesto Magnus (Magnus) to Germany, Austria and Switzerland. [Read more…] about Sesto Robotics expands into Europe, targeting Germany, Austria, Switzerland

6 Incredible Reasons Why You Should Consider AI For Your Startup Business

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Gone are the days when businesses would compare between the pros and cons of artificial intelligence implementation.

Now the use of AI services is pretty evident amongst most business processes.

We can’t think of a brand that does not utilize these smart services, from intelligent chatbots that serve consumers across digital channels to automated data analytics that recommends tailored content and products to users based on previous interests and transactions. [Read more…] about 6 Incredible Reasons Why You Should Consider AI For Your Startup Business

5 Marketing Technology Trends Taking Over Advertising

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Technology in just about every industry is evolving at a rapid pace and that goes especially true for the marketing and advertising industry. The marketing industry alone is set to hit $389 billion in ad spend in 2021.

Below, we go over some of the major marketing tech trends that are heavily influencing the advertising industry, showing where the industry is currently and perhaps providing some insights into where the advertising industry is headed. [Read more…] about 5 Marketing Technology Trends Taking Over Advertising

The Role of Robotics and Automation in Industry 4.0

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As the global manufacturing industry enters its fourth revolution, innovations such as robotics, automation and artificial intelligence (AI) are set to take over. (1)

The number of active industrial robots worldwide is increasing by approximately 14% year on year, and automation continues to create new types of robots with improved utility and function. [Read more…] about The Role of Robotics and Automation in Industry 4.0

Nidec to open new factories and launch business in Serbia

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Nidec is to open new factories in the city of Novi Sad in Serbia, and held an event today to mark the beginning of the project. 

At today’s event, held at the office of president, Serbia, and attended by President Aleksandar Vučić, Mayor Miloš Vučević of Novi Sad, and Japanese Ambassador to Serbia Takahiko Katsumata, among others, the company announced its plan to launch business in Serbia.

Yesterday, on April 8, the company held a ceremony to open a new business office in Novi Sad to start preparations to start up the factories in full scale. [Read more…] about Nidec to open new factories and launch business in Serbia

Sole Source Capital acquires Peak-Ryzex and Optical Phusion

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Sole Source Capital, an industrial-focused private equity firm, has acquired Peak-Ryzex from Keystone Capital and Optical Phusion from its founders, two leading providers of automatic identification, data capture and factory automation solutions.

The companies will be merged and led by Peak-Ryzex CEO Juliann Larimer, CFO Michele Adams and Optical Phusion president Tony Rivers. Terms of the transactions were not disclosed.

The combination will yield significant technological and operational synergies as well as deliver enhanced cross-selling opportunities to a broad set of clients ranging from small and medium sized businesses to Fortune 500 companies – all seeking supply-chain logistical support. [Read more…] about Sole Source Capital acquires Peak-Ryzex and Optical Phusion

7 Supply Chain Technology Trends Shaping a Sustainable Future

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In almost all industries, companies are confronted with the sustainability challenges induced by climate change, scarcity of natural resources, and ever-shifting customer demands.

In general, a sustainable supply chain is one that ensures to balance the economic, social, and environmental performances – such as better assurance of human rights, ethical work practices, carbon footprint reduction, waste management, and resource efficiency. [Read more…] about 7 Supply Chain Technology Trends Shaping a Sustainable Future

Changing Material Handling Industry Accelerates AGV Robotics

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By John Hayes, Balyo USA

Economic policies from Industry 4.0, Logistics 4.0, and connected warehouses point to the imperative to lower costs, increase productivity, and guarantee quality. There are as many forklift truck operator positions to be filled as there are IT developer and R&D engineer jobs combined.

In the United States, 65 percent of the businesses surveyed by Deloitte (as part of its annual Supply Chain report) noted that it is “extremely difficult” to hire qualified warehouse labor.

Moving pallets is expensive. One of the global Fast Moving Customer Goods (FMCG) leaders estimates spending “almost 380 million dollars per year” for tasks that create no additional value for the business. [Read more…] about Changing Material Handling Industry Accelerates AGV Robotics