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Outrider raises another $62 million to drive growth of yard automation

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Outrider, a developer of autonomous yard operations for logistics hubs, has raised $62 million in an oversubscribed Series D financing round.

The round was led by Koch Disruptive Technologies (KDT) and New Enterprise Associates (NEA), with additional investments from 8VC, ARK Invest, B37 Ventures, FM Capital, Interwoven Ventures, NVentures (Nvidia’s venture capital arm), and Prologis Ventures.

This funding will drive the commercial scaling of Outrider’s autonomous yard operations as a service with Fortune 500 customers in 2025 and solidify its position at the forefront of logistics automation. [Read more…] about Outrider raises another $62 million to drive growth of yard automation

Product design and development: How to bring your idea to life as a tangible product

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You’re in an early-stage hardware startup with a product design set to shake up the market. Not sure how to turn your idea into a product? Here’s a step-by-step guide to the product development journey.

From the initial design sketched out on paper to the final product in your hand, every decision counts. This article will help you avoid costly mistakes and accelerate the process of bringing your product to market.

Instead of just listing the steps, I’ll explain the entire process through a case study of my motorized robot grip project. A gripper is what lets robots grab, hold, and shift stuff around. [Read more…] about Product design and development: How to bring your idea to life as a tangible product

Autonomous logistics startup Venti Technologies raises $28.8 million in Series A funding

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Venti Technologies, a provider of autonomous logistics for global supply chain and industrial hubs, has secured $28.8 million in a Series A financing.

The financing round was led by LG Technology Ventures, the Silicon Valley-based venture capital arm of the LG Group, with participation from Safar Partners, UOB Venture Management, and existing investors Alpha JWC and LDV Partners.

The funding will be used to accelerate Venti’s growth and meet increasing demand from customers worldwide. [Read more…] about Autonomous logistics startup Venti Technologies raises $28.8 million in Series A funding

Pitney Bowes to install Ambi Robotics systems in US to support global ecommerce network

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Pitney Bowes, a provider of ecommerce solutions, has selected automated systems from Ambi Robotics.

The company has decided to install AmbiSort robots in ecommerce hubs within the US over the next five years.

The AmbiSort AI-powered systems will help Pitney Bowes speed parcel sortation to last-mile delivery providers on behalf of its ecommerce clients, while improving operational efficiency, accuracy and worker safety as parcel volumes continue to surge. [Read more…] about Pitney Bowes to install Ambi Robotics systems in US to support global ecommerce network

Australian university focuses on future food systems

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Queensland University of Technology (QUT) researchers will play a key part in developing smart logistics to link growers with their markets and high-tech methods of growing customised food, with the announcement of the Future Food Systems Cooperative Research Centre.

The Future Food Systems CRC will involve more than 50 commercial and research partners, with the Federal Government injecting AUS$35 million in funding over 10 years along with almost AUS$150 million in support from the research centre’s educational and commercial participants.

QUT’s involvement in the CRC is spread across the centre’s three research and development programs of planning and logistics in linking growers to their markets, developing smart automated indoor cropping and creating nutrient-dense foods and hybrid food and medical goods tailored to growing domestic and export markets.

[Read more…] about Australian university focuses on future food systems