retailers

Brain Corp raises $36 million to meet ‘growing demand for autonomous robots’

April 28, 2020 by Sam Francis Leave a Comment

Brain Corp, a developer of artificial intelligence systems for the robotics industry, has raised $36 million in Series D funding to “help meet the growing demand for autonomous mobile robots”.

The company says the growth is being generated by retail, healthcare, airports, education and other industries now on the front lines of the coronavirus health crisis.

The round was led by returning investor SoftBank Vision Fund 1, and includes new investors ClearBridge Investments, and Satwik Ventures, and an additional investment from Qualcomm Ventures. [Read more…] about Brain Corp raises $36 million to meet ‘growing demand for autonomous robots’

Fabric raises $110 million in new investment round backed by Kraft Heinz

February 26, 2020 by Sam Francis Leave a Comment

On-demand fulfillment services startup Fabric has raised an additional investment to its Series B round from Evolv Ventures, the investment arm of Kraft Heinz, one of the largest global food and beverage companies in the world.

Led by a team of food, startup, and venture capital veterans, Evolv Ventures is focused on strategic investments in emerging technologies across the food value chain.

Their undisclosed additional investment to the $110 million-dollar round is a resounding vote of confidence from a leading food tech investor and the iconic food company. [Read more…] about Fabric raises $110 million in new investment round backed by Kraft Heinz

Brain Corp achieves ‘record sales growth’ in 2019 amid strong demand for autonomous mobile robots

January 23, 2020 by Sam Francis Leave a Comment

Brain Corp, a San Diego-based robotics and artificial intelligence company, says it achieved “record sales and revenue growth in 2019” as retailers increasingly turn to robotic solutions to reduce costs and enhance in-store experiences.

Brain Corp achieved more than a 300 percent increase in revenue last year, fueled by a surge in interest for BrainOS-powered floor care machines by major retailers, including Walmart.

The company also saw a 760 percent increase in global deployments. It now provides the intelligent backend for one of the largest fleets of its kind in the world – approximately 10,000 robots deployed or enabled. [Read more…] about Brain Corp achieves ‘record sales growth’ in 2019 amid strong demand for autonomous mobile robots

Zebra Technologies unveils new robot for retail operations

January 14, 2020 by Sam Francis Leave a Comment

Zebra Technologies has introduced SmartSight, a robot for mass merchants, grocers, and supermarkets and hypermarkets.

The company is showcasing the new machine at NRF 2020, the retail technology show currently being held in Chicago, USA.

SmartSight leverages the computer vision, machine learning, workflow automation and robotic capabilities of Zebra’s EMA50 enterprise mobile automation system to accurately identify out-of-stock conditions, pricing inconsistencies and planogram issues on the shelf. [Read more…] about Zebra Technologies unveils new robot for retail operations

Retailers expected to buy more than 150,000 robots by 2025

December 5, 2019 by Sam Francis Leave a Comment

The retail sector is expected to buy more than 150,000 robots by 2025, according to a study by ABI Research.

The next generation of mobile robots for cleaning, inventory management, and material handling are “passing the test in retail”, says ABI.

Several robotics companies have grown their autonomous mobile robot fleet in 2019 and are poised to scale exponentially over the next five years. [Read more…] about Retailers expected to buy more than 150,000 robots by 2025

Honeywell Intelligrated to help Apparel Logistics ‘triple’ daily output using automation

October 9, 2019 by David Edwards

Honeywell Intelligrated says it is helping Apparel Logistics Group to “triple daily output” from its e-commerce distribution center by using automation technologies.

The two companies signed an agreement to automate third-party logistics company Apparel Logistics Group’s fulfillment services for apparel, footwear and accessories.

Honeywell Intelligrated’s technology and technical support services will help the logistics provider expand its e-commerce parcel shipping capability, increase productivity at the shipping dock, ensure order accuracy and expand its value-added services capacity, which includes returned merchandise management and product customization. [Read more…] about Honeywell Intelligrated to help Apparel Logistics ‘triple’ daily output using automation

AT&T working with Badger Technologies to provide 5G networking for retail robots

September 10, 2019 by Sam Francis

AT&T and Badger Technologies are working together to accelerate retail automation using autonomous robots with 5G wireless networking capabilities.

Badger Technologies’ robots empower retailers to improve operational efficiencies and customer experiences by identifying out-of-stock, mispriced or misplaced inventory as well as store hazards.

These advanced mobile data collection systems can fill major gaps in the collection and sharing of vital in-store data and images, but also can tax a store’s existing Wi-Fi network. [Read more…] about AT&T working with Badger Technologies to provide 5G networking for retail robots

Attabotics raises $25 million to ‘transform supply chains’

August 6, 2019 by David Edwards

Attabotics, a robotics company specialising in supply chain technology, has raised $25 million in Series B funding from financial and strategic investors.

Participants in the round included Coatue, Comcast Ventures, and Honeywell alongside returning early investors Forerunner Ventures and Werklund Growth Fund.

The new funding will go toward supporting Attabotics’ continued, explosive growth, including new hires, scaling manufacturing operations, the development of new technologies, and more. Attabotics has raised $32.7 million in funding to date. [Read more…] about Attabotics raises $25 million to ‘transform supply chains’

US footwear manufacturers call for Trump to end new China tariffs

May 21, 2019 by Sam Francis

More than 200 footwear manufacturers in the US have sent President Donald Trump an open letter calling for an end to what they call the “catastrophic” and “unfathomable” new tariffs on Chinese imports.

The companies include global and household names such as Adidas, Cat, Converse, K-Swiss, Nike, Puma, Ugg, and Under Armour, among many others.

The letter was sent under the auspices of the Footwear Distributors and Retailers of America, the leading industry association, representing a total of 500 companies and brands worldwide. [Read more…] about US footwear manufacturers call for Trump to end new China tariffs

Schnucks grocery stores give Tally the robot some work to do checking the shelves

July 28, 2017 by Sam Francis

A mobile robot called Tally has got a job at Schnucks grocery stores, where it will wander round the aisles and make mental notes of what products are running low on stock and checking prices.

Developed by Simbe Robotics, Tally is said to perform the tasks humans might find boring and time-consuming. It can do this while customers are shopping or after the stores close.

Simbe claims Tally is the “world’s first fully autonomous robotic shelf auditing and analytics solution for the retail industry”, and suggests the technology could save some of the $450 billion retailers lose annually through inefficiencies which Tally can help resolve. [Read more…] about Schnucks grocery stores give Tally the robot some work to do checking the shelves