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Supply chain robotics developer Photoneo raises $21 million in Series B funding

December 7, 2021 by Mark Allinson Leave a Comment

Photoneo, a developer of robotics for warehouse tasks, has raised $21 million in new funding.

The new funding was from AI Capital, IPM Group, Earlybird, Venture to Future Fund, and Credo Ventures as well as all investors who participated in previous investment rounds.

The newly raised capital will accelerate 3D Sensor business and enable expansion of its fully automated fulfillment solutions for warehouses and dark stores – called BrightPick. [Read more…] about Supply chain robotics developer Photoneo raises $21 million in Series B funding

Filed Under: Logistics, News Tagged With: automated, automation, brightpick, centers, company, customer, e-commerce, fulfillment, fully, funding, future, group, investors, ipm, labor, Photoneo, processes, robotics, sector, smart, solutions, support, technologies, technology, vision

InoBat Auto secures funding from Slovakian government to build €1 billion ‘Gigafactory’

March 9, 2020 by Sam Francis Leave a Comment

InoBat Auto, a battery production company providing new energy solutions for electric vehicles, has secured funding to build a research and development centre to support the construction of a 10 GWh Gigafactory in Slovakia – the world’s biggest car producer per capita.

The investment from the Slovakian Government has contributed to the €100 million first-phase fund raising to deliver the Gigafactory, which will deploy state-of-the-art battery technology with the potential to provide an estimated 240,000 electric vehicles with cutting edge batteries by 2024.

InoBat Auto says its planned Gigafactory will catapult Europe to become a leading global force in the electric vehicle battery industry. [Read more…] about InoBat Auto secures funding from Slovakian government to build €1 billion ‘Gigafactory’

Filed Under: Manufacturing, News Tagged With: auto, backed, batteries, battery, company, electric, energy, europe, gigafactory, global, industry, inobat, investment, ipm, market, production, technology, vehicle, vehicles

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Latest news

  • How robots and RPA will change the business of the future
  • The Pros and Cons of Selling vs Trading in Your Vehicle
  • How to Ensure Your Drivers Stay Safe on the Road
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  • Berkshire Grey launches new mobile robotic platform
  • Clearpath Robotics launches latest version of TurtleBot

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