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Autonomous logistics startup Venti Technologies raises $28.8 million in Series A funding

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Venti Technologies, a provider of autonomous logistics for global supply chain and industrial hubs, has secured $28.8 million in a Series A financing.

The financing round was led by LG Technology Ventures, the Silicon Valley-based venture capital arm of the LG Group, with participation from Safar Partners, UOB Venture Management, and existing investors Alpha JWC and LDV Partners.

The funding will be used to accelerate Venti’s growth and meet increasing demand from customers worldwide. [Read more…] about Autonomous logistics startup Venti Technologies raises $28.8 million in Series A funding

Plus One Robotics raises $50 million in new funding

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Plus One Robotics, a provider of advanced AI vision software and solutions for robotic parcel handling, has raised $50 million in Series C funding.

The round was led by Scale Venture Partners, with Partner Rory O’Driscoll joining the board of directors. Top Tier Capital Partners, Tyche Partners, ROBO Global Ventures, Translink, McRock, and Pritzker Group Venture Capital also participated in the round alongside existing investors, which brings the company’s total funding to date to nearly $100 million.

Plus One’s technology helps to alleviate the persistent shortage of manual labor through robotic solutions, dramatically streamlining the parcel picking and depalletizing processes. [Read more…] about Plus One Robotics raises $50 million in new funding

Core Industrial Partners acquires GEM Manufacturing

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Core Industrial Partners, a manufacturing, industrial technology, and industrial services-focused private equity firm, has acquired GEM Manufacturing, a provider of precision deep drawn metal components and mechanical assemblies.

GEM represents the fifth platform investment in Core Industrial Partners Fund II, a $465 million fund closed in February 2021.

Founded in 1950, GEM utilizes vertical transfer and progressive die press technology to manufacture high-precision deep drawn components spanning from prototype through high-volume applications. [Read more…] about Core Industrial Partners acquires GEM Manufacturing

Locus Robotics raises $117 million in new funding, valuing startup at $2 billion

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Locus Robotics, a maker of autonomous mobile robots for fulfillment and distribution warehouses, has raised $117 million in Series F funding, led by Goldman Sachs Asset Management and G2 Venture Partners.

As part of the financing, Mark Midle, managing director, Goldman Sachs, and Zach Barasz, partner, G2 Venture Partners, will join the Locus’ board of directors, bringing their unique industry perspectives and insights to further guide Locus’s next stage of growth and global expansion.

Midle says: “Locus has established itself as an innovative, high-quality market leader for flexible automation in the massive warehouse fulfillment and distribution market. [Read more…] about Locus Robotics raises $117 million in new funding, valuing startup at $2 billion

Osaro launches partner program for e-commerce robotics integrators and vendors

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Osaro, a provider of AI-driven robotics for e-commerce, has launched a partner program that aims to streamline the deployment of robotic solutions for e-commerce and logistics businesses.

The Osaro Partners Alliance program provides a range of collaboration and co-marketing opportunities for vendors, integrators, distributors, resellers, third-party logistics companies (3PLs), and consultants, to deliver unified solutions.

The program is designed to optimize every stage of a customer’s purchasing and deployment process whether it be with autonomous mobile robots (AMRs), automated storage and retrieval systems (ASRS), or other solution technologies. [Read more…] about Osaro launches partner program for e-commerce robotics integrators and vendors

Osaro and SVT Robotics build ‘advanced packaging robot’ for fulfillment warehouses

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Osaro, a developer of AI-driven robotics for e-commerce, is partnering with SVT Robotics to accelerate the integration of pick-and-place robotics systems for e-commerce and logistics businesses.

SVT Robotics’ “ground-breaking” Softbot Platform enables companies to integrate and deploy the robots, automation, and IoT devices they need in just days or weeks.

As part of the agreement, SVT Robotics has joined Osaro’s partner program, which offers one-stop access for businesses looking to deploy robotic solutions in their fulfillment operations. [Read more…] about Osaro and SVT Robotics build ‘advanced packaging robot’ for fulfillment warehouses

Norwegian postal service to deliver mail using robots

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One of Europe’s largest postal services, Posten Norge, is testing the future of the logistics delivery in Oslo with Ottobots, produced by a company called Ottonomy.

Continuing to pave the way for autonomous delivery, Ottonomy announced its collaboration with Posten Norge and Holo for trials for automating first-mile delivery.

This partnership with one of Europe’s largest logistics companies is oriented towards testing how autonomous robots can improve intra logistics, especially in city centers. [Read more…] about Norwegian postal service to deliver mail using robots

Embark launches coast-to-coast autonomous trucking network

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Embark Trucks, a developer of autonomous technology for the trucking industry, has launched its “coast-to-coast backbone of the Embark Coverage Map”, preparing key Sunbelt markets to be served by Embark fleet partners.

The Coverage Map includes nine transfer point sites in cities across the Sunbelt, including new locations in Dallas, El Paso, Atlanta, and Jacksonville, to accommodate planned autonomous freight volume in key markets and provide anticipated operational support for carriers and shippers using Embark-powered trucks.

Embark secured optimized real estate sites and support services through its partnerships with Alterra Property Group and Ryder. The Coverage Map expansion represents the next step in a journey to deliver coast-to-coast operational availability that began with Embark’s first Los Angeles to Jacksonville run in 2018. [Read more…] about Embark launches coast-to-coast autonomous trucking network

Kollmorgen Automation partners with Spanish Association of Mobile Robotics

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The Spanish Association of Mobile Robotics (ARME) and Kollmorgen Automation have entered into a strategic partnership to offer high quality integration solutions for AGVs and mobile robots, based on the NDC8 platform.

With this union, ARME aims to strengthen the position of AGVs and mobile robots at the Spanish market.

Tobias Byfeldt, vice president, Kollmorgen Automation, says: “We are very happy about this partnership. [Read more…] about Kollmorgen Automation partners with Spanish Association of Mobile Robotics

Autonomous truck maker Einride launches in Germany

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Autonomous truck startup Einride has launched into Europe’s largest transportation market – Germany. In conjunction with the official launch, Einride has signed an impressive list of local partners including global appliance leader Electrolux.

Robert Falck, founder and CEO of Einride, says: “Germany is in the driving seat of Europe; where it goes others follow suit.

“We have the opportunity and technology to bring the biggest change to the freight industry since the invention of the internal combustion engine and are ready to join forces with local partners to make transportation history.” [Read more…] about Autonomous truck maker Einride launches in Germany