NEOintralogistics, a German robotics-as-a-service (RaaS) provider in warehouse automation, has closed a €3 million seed funding round, led by the Amadeus APEX Technology Fund and strong participation from Cetus Holding.
The urgency for accessible automation solutions has never been greater. Despite the clear business case for automation with potential operational cost reductions of up to 65 percent, adoption has been severely limited by the high upfront investment required.
80 percent of global warehouses still operate manually, largely due to cost barriers that have made traditional automation accessible only to the largest operators. [Read more…] about NEOintralogistics secures €3 million to ‘democratize warehouse automation’ through RaaS