Robotics & Automation News

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Avidbots raises $70 million in latest funding round

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Avidbots, one of the world’s leading robotics companies, today announced it has raised $70 million in Series C funding.

The financing was led by Jeneration Capital, with strong participation from existing investors True Ventures, Next 47, SOSV, GGV Capital, BDC Capital, Golden Ventures, and Kensington Capital Partners.

New investors – BMO Capital Partners, Golden Vision Capital and Nicola Wealth – also joined in the latest funding round. With this financing, Avidbots has raised more than $107 million to date. [Read more…] about Avidbots raises $70 million in latest funding round

Avidbots and Maplesoft partner to design new autonomous commercial cleaning systems

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Avidbots, a maker of commercial robotic cleaning systems, and Maplesoft, a provider of modeling and calculation software for engineering and research, have agreed a strategic partnership to “bring more innovation to autonomous cleaning robot design for commercial customers”.

Warehouses and retail businesses are frequently turning to tech to provide efficient, cost-effective cleaning options for essential commercial cleaning tasks, say the companies.

Finding efficient cleaning solutions has been made challenging by unpredictable staffing and the additional Covid-related surface disinfection steps. [Read more…] about Avidbots and Maplesoft partner to design new autonomous commercial cleaning systems

DHL installs floor-cleaning robots from Avidbots in its warehouses

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Logistics giant DHL has installed a number of floor-cleaning robots at its warehouses in North America.

The machines are made and supplied by a company called Avidbots, which says it is working with DHL Supply Chain to integrate its “Neo” floor-scrubbing robots in select warehouses it manages in North America.

Faizan Sheikh, CEO, and co-founder of Avidbots, says: “Avidbots Neo will bring the most advanced robotic floor cleaning to several warehouses managed by DHL Supply Chain North America. [Read more…] about DHL installs floor-cleaning robots from Avidbots in its warehouses