Robotics & Automation News

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logistics robots

GreyOrange launches new AI for logistics robots and warehouse automation

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Automation and robotics company GreyOrange has released its next-generation software platform, GreyMatter, which features artificial intelligence.

The company made the announcement at the launch of the latest warehouse of the Nitori, said to be Japan’s largest furniture and home furnishing chain with over 400 stores.

The Butler robotics system from GreyOrange is being used at the Osaka centre of Home Logistics, a logistics subsidiary of Nitori which operates 34 distribution bases and a logistics network for product delivery to stores and e-commerce customers across Japan.  [Read more…] about GreyOrange launches new AI for logistics robots and warehouse automation

Fetch Robotics raises $25 million in investment round led by Sway Ventures

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Fetch Robotics, a provider of a range of warehouse automation and logistics robot solutions, has raised $25 million in Series B funding.

The round was led by Sway Ventures with participation from existing investors O’Reilly AlphaTech Ventures, Shasta Ventures and SoftBank Group US.

The Series B round brings Fetch Robotics’ total funding to date to $48 million.  [Read more…] about Fetch Robotics raises $25 million in investment round led by Sway Ventures

Alibaba to invest $15 billion into robotic logistics infrastructure

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Alibaba is planning to invest $15 billion into developing a robotic logistics infrastructure, according to the Wall Street Journal. 

Alibaba is said to be the world’s largest e-commerce company, mainly concentrating on the business-to-business sector rather than retail, but until now, it has relied on outside companies to provide its logistics.

Now, the company has invested an additional $801 million to buy a controlling stake in Cainiao Smart Logistics.  [Read more…] about Alibaba to invest $15 billion into robotic logistics infrastructure

Mitsubishi might invest $20 million in GreyOrange Robotics

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Mitsubishi Electric is reportedly planning to invest almost $20 million into GreyOrange Robotics.

GreyOrange is a startup company developing robotics and automation systems for the logistics industry, particularly warehouse automation systems integrating robots, and has been growing fast, according to a story on EconomicTimes.com.

The investment would lead to a valuation for GreyOrange of an amount between $300 million and $500 million.  [Read more…] about Mitsubishi might invest $20 million in GreyOrange Robotics

Amazon to open logistics facility in New York

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Amazon, the online retail giant with a growing range of business units, one of which is Amazon Robotics, is opening a new logistics facility in New York.

The Staten Island warehouse will create 2,250 new jobs for humans but it’s not clear how many robots Amazon will integrate into the facility.

So far, Amazon is said to have manufactured 100,000 logistics robots, which are small autonomous vehicles used to move boxes and shelf units around.  [Read more…] about Amazon to open logistics facility in New York