Robotics & Automation News

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warehouse robots

Former SAP global vice president joins Geek Plus Robotics to ‘accelerate business growth’

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Artificial intelligence and supply chain automation company Geek Plus Robotics has appointed Michael Hao as executive president.

He will report to Yong Zheng, CEO of Geek Plus, which specialises in warehouse robots.

Hao previously served as SAP’s global Vice President & General Manager of China. He led the high growth of the Chinese business throughout his tenure, as well as the localization and innovation of German Industry 4.0 in China.  [Read more…] about Former SAP global vice president joins Geek Plus Robotics to ‘accelerate business growth’

Geek Plus Robotics raises $150 million in ‘world’s largest Series B financing in logistics robotics’

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Supply chain automation solutions company Geek Plus Robotics has completed a Series B financing round in which it raised a staggering $150 million. 

The company says this is “the world’s largest financing in artificial intelligence-enabled logistics robotics”.

As of the closing of this round of financing, Warburg Pincus has committed a total of approximately $100 million in Geek Plus through a series of investments since 2017, which had also been participated by other existing shareholders including Volcanics Venture and Vertex Ventures.

Founded in 2015, Geek+ is a leading AI a robotics company that integrates robotics, AI, big data, cloud computing, and IoT technologies to provide “intelligent robotics solutions and one-stop supply chain services”.  [Read more…] about Geek Plus Robotics raises $150 million in ‘world’s largest Series B financing in logistics robotics’

Alibaba and Cainiao open China’s ‘largest’ robot-operated warehouse

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Supply chain robotics company Cainiao has installed 700 robots at China’s largest robot-run warehouse to process orders on Singles Day, according to a report on CNBC. 

The warehouse, located in Wuxi, near Shanghai, is owned by e-commerce giant Alibaba, which is also majority-owner of Cainiao, and Singles Day is said to generate more than $25 billion in sales.

CNBC reports that last year, on Singles Day – November 11, Cainiao processed over 800 million packages, and this year, Alibaba expects that figure to surpass 1 billion.  [Read more…] about Alibaba and Cainiao open China’s ‘largest’ robot-operated warehouse

Geek Plus Robotics to showcase ‘smart logistics automation solutions’ at CeMAT Asia

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Geek Plus, a robotics and supply chain automation start-up based in Beijing, China, is preparing to showcase its unmanned warehouse solutions at Booth W3-C3 CeMAT Asia in Shanghai China, from November 6th to 9th, 2018.

CeMAT Asia, which is regarded as a high-level international exhibition where the newest technologies of material handling, automation, transport are displayed, is an excellent platform for Geek Plus Robotics to present the turnkey automation solutions for intralogistics and to discuss with potential clients worldwide about the prospects of implementing robots for business growth.

Geek Plus Robotics has been recognized as the top robot maker in China and has grown rapidly over the past three years, from four co-founders to a professional team of over 600 employees.  [Read more…] about Geek Plus Robotics to showcase ‘smart logistics automation solutions’ at CeMAT Asia

Geek Plus launches autonomous forklift and ‘new generation of material handling solutions’ at CIIF

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Supply chain robotics specialist Geek Plus is launching a new generation of material handling solutions at the China International Industry Fair, scheduled for later this month.

The new technologies include an automatic forklift alongside a full-process intralogistics automation solution.

Geek Plus Robotics is one of the leading robotics companies in China, and probably the top company in the warehouse automation space.  [Read more…] about Geek Plus launches autonomous forklift and ‘new generation of material handling solutions’ at CIIF

GreyOrange raises $140 million in new funding, claiming ‘the biggest fundraising round in industrial automation sector’

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GreyOrange, a provider of warehouse robotics and automation systems, has raised $140 million in Series C funding, claiming it marks “the largest round ever raised by an industrial robotics company”.

Mithril Capital, co-founded by Ajay Royan and Peter Thiel, led this round, which included Binny Bansal and other existing investors including Blume Ventures.

They join Mitsubishi, Flipkart, and Project Verte as investors in the company.  [Read more…] about GreyOrange raises $140 million in new funding, claiming ‘the biggest fundraising round in industrial automation sector’

GreyOrange opens US headquarters in Atlanta and plans to build 20,000 robots

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Warehouse robotics and automation provider GreyOrange is establishing its US headquarters in Atlanta, Georgia.

The company says this will help it to better serve local customers and meet market demands. Approximately 50 new jobs will be created in various departments.

In its first client site in the US, GreyOrange will deploy 740 robots in Atlanta, and create several thousand jobs across this and other initial client sites.  [Read more…] about GreyOrange opens US headquarters in Atlanta and plans to build 20,000 robots

Gideon Brothers raises $765,000 to further develop its warehouse robot

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A Croatian company called Gideon Brothers has raised $765,000 to further develop its warehouse robot, according to a story on TechCrunch.com.

The company’s technologies are said to be already in use at some of the largest and most well-known companies in the world.

Tesco, Henkel, Target, Walmart, DHL, DB Schenker, Kuehne & Nagel, and FedEx are among the names Gideon Brothers mentions on its website as customers.

The new money will be used to further develop Gideon Brothers’ autonomous mobile platform, as seen in the main picture, which is from the company’s video (see below).  [Read more…] about Gideon Brothers raises $765,000 to further develop its warehouse robot

30 automation solutions for warehouses and supply chain operations

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It took a while to get going, but after many years of relatively slow progress, now, the market for logistics and supply chain robotics and automation is in good flow. 

A significant number of companies have developed systems for automating warehouse operations – both in the area of software and hardware.

But while Amazon has taken the lead in warehouse automation by building its massive logistics operation around the Kiva Systems robots it acquired, other companies are catching up.  [Read more…] about 30 automation solutions for warehouses and supply chain operations

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