Market trends and business perspectives
Plus One Robotics, a provider of vision software for logistics robots, has raised $33 million in Series B funding.
McRock Capital and TransLink Ventures co-led the round, with participation from BMWi Ventures, Kensington Capital Partners, and Ironspring Ventures alongside existing investors.
Whitney Rockley of McRock Capital and Toshi Otani of TransLink will join the company’s board of directors. [Read more…] about Plus One Robotics raises $33 million to fuel expansion
Rootstock Software, a leading provider of cloud Enterprise Resource Planning (ERP) solutions built on the Salesforce platform, has agreed a partnership with Xitricon, a Dubai-headquartered company that specializes in planning, configuration, and implementation of enterprise solutions, such as ERP and customer relationship management (CRM).
Xitricon operates in Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates, countries comprising the Gulf Cooperation Council. It also has a development and resource center in Sri Lanka.
Henk Bruinekreeft, regional vice president at Rootstock Asia Pacific, says: “With this partnership, we add six countries to our international ERP market, and we extend our presence in the Middle East. [Read more…] about Rootstock Software partners with Xitricon to deliver Rootstock Cloud ERP to the Middle East
inVia Robotics, a provider of e-commerce warehouse automation solutions, says that the Gnarlywood Group, a provider of backend merchandising fulfillment solutions for entertainment brands, has selected inVia Logic AI-powered warehouse execution system software to modernize its Carlsbad, California warehouse.
The software will bring immediate picking and replenishment productivity gains that will later be increased with the addition of inVia Picker autonomous mobile robots.
Gnarlywood has seen unprecedented growth in demand for its entertainment merchandise and has chosen inVia’s software to bring efficiency to its fulfillment processes. [Read more…] about Gnarlywood chooses inVia Robotics to optimize fulfillment operations
Hanwha Aerospace has received a “Supplier Gold” certification from the one of the world’s top aircraft engine manufacturers, Pratt & Whitney (P&W).
The certification is the product of a partner evaluation program known as RTX Supplier Gold, which is run by P&W’s parent company, Raytheon Technology Corporation (RTX). It is awarded only to exceptional partners who have not missed deadlines or exhibited any quality control issues for 12 consecutive months, while exhibiting continuous improvements and satisfying customers.
Dongwan Yoo, CEO of Hanwha Aerospace USA, says: “We are pleased to see that our unwavering commitment to quality and customer satisfaction has been recognized. [Read more…] about Hanwha Aerospace earns ’Supplier Gold’ certification from Pratt & Whitney
FORT Robotics, a technology company creating safety-and-security solutions for autonomous machines, has closed on $13 million in funding led by Prime Movers Lab, an investor in breakthrough scientific startups.
With the new investment, FORT will more than double the size of its workforce and expand its product offerings in key markets.
Samuel Reeves, founder and CEO, says: “We’re excited to partner with our new investors to help position FORT at the forefront of this rapidly evolving space. [Read more…] about FORT Robotics raises $13 million in funding
A top wholesaler in the Swiss organic market, Bio Partner, has “doubled its output” following the implementation of innovative robotic logistics from Swisslog at its facility in Aargau, Switzerland, according to the company.
Bio Partner supplies business customers in the organic specialist trade as well as the rest of the retail and food industry from its location in Seon, in Switzerland.
As a result of the merger with Somona, the warehouse reached its performance and capacity limits, and the wholesaler turned to a local partner with a global footprint to deliver an automated storage system. [Read more…] about Organic wholesaler ‘doubles output’ with AutoStore and Swisslog warehouse automation
Delivery robots company Postmates has been chosen as the official on-demand food delivery partner of the National Football League this season. (See video below.)
As part of its service, Postmates has teamed up with the NFL to tackle “one of the biggest issues Americans face” – food insecurity.
Through this partnership, Postmates says it has been able to tackle hunger in all 30 cities the 32 NFL teams call home, and “even got a few friends to help along the way”. [Read more…] about Postmates chosen as official robotic food delivery partner of the NFL
Veo Robotics, an industrial automation company building technology to make robots responsive to humans, has agreed a partnership with Calvary Robotics, a developer of custom automation solutions, robotic platforms, and material handling systems, as its initial certified systems integrator partner.
Calvary will include Veo’s flagship product FreeMove, a “3D safeguarding solution” that is said to turn standard industrial robots into collaborative machines that work safely with humans, as part of its solution offering to customers.
The Veo team will provide training to the Calvary team on how to install FreeMove in various manufacturing settings. [Read more…] about Veo Robotics signs up Calvary Robotics as first integration partner
The leading wholesaler in the Swiss organic products market, Bio Partner, has doubled its output following the implementation of robotic logistics from Swisslog at its facility in Aargau, Switzerland.
Bio Partner supplies business customers in the organic specialist trade as well as the rest of the retail and food industry from its location in Seon.
As a result of the merger with Somona, the warehouse reached its performance and capacity limits, and the wholesaler turned to a local partner with a global footprint to deliver an automated storage system. [Read more…] about Organic products wholesaler doubles output with AutoStore installed by Swisslog
Teradyne, a supplier of automated test solutions, says the company’s UltraFLEX test platform has enabled AI chip company Syntiant to successfully ship millions of its microwatt-power, deep learning Neural Decision Processors to customers worldwide.
Built from a clean sheet, hardware/software co-design methodology that optimizes silicon and deep learning models together, the Syntiant NDP100 and Syntiant NDP101 Neural Decision Processors bring hands-free, cloud-free, always-on voice and sensor AI applications to battery-powered edge devices.
Pieter Vorenkamp, COO at Syntiant, says: “Our deep learning NDP10x chips leverage our custom designed near-memory compute architecture, so we were looking for a partner with a deep understanding of the AI chip market. [Read more…] about Teradyne and Syntiant partner to ‘significantly shorten time to market’ for new AI chips
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