Attabotics’ all-in-one automated fulfillment system is condensed into a single vertical structure that uses robotic shuttles to pick and deliver goods to workers.
3D robotics supply chain company Attabotics has raised $71.7 million in new funding to continue its commitment to warehouse automation.
The Series C round, led by Export Development Canada and joined by the Ontario Teachers’ Pension Plan Board, brings the company’s total funding to $165.1 million. Forerunner Ventures, Coatue and Honeywell are among the companies he has previously invested in.
The capital increase comes in a move to further optimize shipment fulfillment and warehousing technology as e-commerce continues to grow.
early this month, Amazon Launched Sparrow, a robotic arm that uses computer vision and artificial intelligence to pick millions of items of all shapes and sizes and move packages before packing. Amazon has steadily increased its fleet of warehouse robots since it acquired Kiva Systems for his $775 million in 2012. This is now Amazon Robotics, an incubator for the company’s robotic fulfillment systems.
In June, Amazon announced the first fully autonomous robot that can work alongside warehouse workers, along with other systems that can sort and move packages. Also in September, he acquired Cloostermans, which develops warehouse machinery and robotics. About 75% of his 5 billion packages that Amazon processes each year are handled by robots in at least part of the delivery process, the company says.
Attabotics’ all-in-one automated fulfillment system is condensed into a single vertical structure that uses a robotic shuttle to pick goods and present them to workers outside. The company launched its first commercialized version of its own robot in September, and partners now include his Pan Pacific Pet, Modern Beauty Supplies and the US Department of Defense.
Reducing warehouse space by 85% and requiring only 20% of the workforce required by traditional fulfillment centers, the size of Attabotics’ system requires fulfillment centers to be located near metropolitan areas It is also the key to delivery.
“Creating the software and hardware needed to solve global supply chain problems is a massive undertaking, but this new funding, along with support from our investors and team, will help us expand our technology. , allowing us to double our commitment to maximum implementation, the most advanced fulfillment technology on the market,” said Scott Gravelle, founder and CEO of Attabotics, in a statement.
Attabotics was ranked #38 on the 2020 CNBC Disruptor 50 list.
Disclosure: Comcast Ventures, a division of CNBC’s parent company Comcast, invests in Attabotics.
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