1MRobotics emerges from stealth with $25M for ‘nano-fulfillment’ centers

1MRobotics emerges from stealth with $25M for ‘nano-fulfillment’ centers

As evidenced by recent layoffs and scaled-back expansions, on-demand delivery is a challenging space. Brands, retailers and operators push to deliver with maximum efficiency, a strategy that’s led within the past several years to the rise of “dark stores.” A dark store, also known as a micro-fulfillment center, is a small, local store without the […]

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Geek+ raises another $100M for its warehouse robots

Geek+ raises another $100M for its warehouse robots

Two things are for certain: 1) There continues to be a lot of excitement around warehouse robotics and 2) Geek+ is extremely good at raising money based on that fact. The Beijing-based warehouse robotics firm just raised another $100 million in funding, labeled a “Series E1,” with participation from Intel Capital, Vertex Growth and Qingyue […]

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Walmart is adding Symbotic robots to warehouses across the country

Walmart is adding Symbotic robots to warehouses across the country

The push behind the massive influx of warehouse robotics funding is largely driven by one entity: Amazon. There are other factors driving the industry, of course, including the pandemic, labor shortages and supply chain constraints, but Amazon is forever looming in the corner, forcing companies to adopt creative and innovative ways to remain competitive. Not […]

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