Robotics & Automation News

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Simbe Robotics raises $28 million in Series B funding

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Simbe Robotics, the company leveraging AI and robotics to elevate the performance of retailers with real-time insights into inventory and operations, has closed a Series B equity financing round of $28 million, led by Eclipse.

As one of the premier venture firms specializing in the digital transformation of essential physical industries that impact daily life, Eclipse brings invaluable knowledge and expertise that will propel Simbe through its next phase of growth.

Their investment marks a vote of confidence in emerging retail and grocery technologies, and will enable Simbe to meet rising global customer demand, enter future product areas, expand its team, and continue delivering value to new and existing partners by optimizing both in-store and e-commerce operations. [Read more…] about Simbe Robotics raises $28 million in Series B funding

AutoStore launches first consumer-facing automated warehouse

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AutoStore has launched its latest innovation, the PickUpPort, a public-facing port that lets customers shop online and pick up their order directly from the AutoStore System. 

Carlos Fernández, chief product officer at AutoStore, says: “It’s important for us to help retailers stay ahead in an ever-changing industry.

“With the new PickUpPort, retailers can offer a hassle-free pick-up option in-store, and customers can see how Robots pick, organize, and store items. When retailers adopt this technology, their customers get even more flexibility and freedom.” [Read more…] about AutoStore launches first consumer-facing automated warehouse

Revenues from robotics implemented in retail stores to cross $8.4 billion by 2030

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As the world emerges from the global pandemic, retail is growing at levels not seen in the last two decades. Retail sales grew by 7 percent in 2020 and by over 14 percent in 2021, which is in stark contrast to the 3.7 percent annual growth between 2010 and 2019.

The increased demand for retail has put a strain on supply chains and retail operations worldwide. As a result, retailers and stakeholders are turning to automation solutions such as mobile robotics for operational ease.

According to global technology intelligence firm ABI Research, worldwide commercial robot revenue in retail stores will have a Compounded Annual Growth Rate (CAGR) of over 25 percent from 2022 to 2030 and exceed $8.4 billion by 2030. [Read more…] about Revenues from robotics implemented in retail stores to cross $8.4 billion by 2030

GreyOrange launches gStore retail stock management app

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GreyOrange, a warehouse robotics and automation company, has launched a new app for retail stock management.

The mobile-first software-as-a-service app “transforms stores into tech-enabled, personalized experience hubs and centers for online fulfillment using in-store inventory”, claims GreyOrange.

Retailers know they need to harmonize digital and physical experiences in their stores, but have struggled to find a fast and easy way to do so. [Read more…] about GreyOrange launches gStore retail stock management app

Decathlon to implement PAL Robotics’ StockBot in facilities worldwide

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Sports goods giant Decathlon and PAL Robotics have launched a global partnership after PAL Robotics’ StockBot inventory tracking and data collection solution was selected for rollout across Decathlon stores in multiple countries, assisting the team and elevating in-store experience.

The retailer has implemented the solution in order to improve in-store operations and efficiencies so that teammates are able to dedicate more time helping customers for a better customer experience, as well as helping improve product availability rates.

PAL Robotics’ StockBot solution was first implemented in Decathlon Singapore, as well as more recently in France, The Netherlands, Spain, Poland, Ireland, Italy, Taiwan, Thailand, Malaysia, and Australia. Discussions are also ongoing on further deployment opportunities in other countries. [Read more…] about Decathlon to implement PAL Robotics’ StockBot in facilities worldwide

Walmart’s doubling of online sales to boost warehouse robotics sector

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Walmart has reported that its e-commerce sales have almost doubled as a result of the coronavirus lockdown forcing everyone to lock themselves up at home as often as possible and shopping online.

The company reported a staggering 97 percent increase in online sales for its second quarter, total revenue of almost $138 billion, which is an increase of $7.4 billion overall across internet and in-store sales.

Additionally, Walmart’s marketplace has also seen a doubling in the number of sellers included, to more than 50,000. [Read more…] about Walmart’s doubling of online sales to boost warehouse robotics sector

Zebra Technologies unveils new robot for retail operations

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Zebra Technologies has introduced SmartSight, a robot for mass merchants, grocers, and supermarkets and hypermarkets.

The company is showcasing the new machine at NRF 2020, the retail technology show currently being held in Chicago, USA.

SmartSight leverages the computer vision, machine learning, workflow automation and robotic capabilities of Zebra’s EMA50 enterprise mobile automation system to accurately identify out-of-stock conditions, pricing inconsistencies and planogram issues on the shelf. [Read more…] about Zebra Technologies unveils new robot for retail operations

AT&T working with Badger Technologies to provide 5G networking for retail robots

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AT&T and Badger Technologies are working together to accelerate retail automation using autonomous robots with 5G wireless networking capabilities.

Badger Technologies’ robots empower retailers to improve operational efficiencies and customer experiences by identifying out-of-stock, mispriced or misplaced inventory as well as store hazards.

These advanced mobile data collection systems can fill major gaps in the collection and sharing of vital in-store data and images, but also can tax a store’s existing Wi-Fi network. [Read more…] about AT&T working with Badger Technologies to provide 5G networking for retail robots