Intelligence and robotics company BotsAndUs has landed $13 million in seed funding to expand the growth and use of its logistics solution around the world, according to a company press release Thursday (June 23).
Specifically, London-based BotsAndUs will use the fresh capital to grow into markets including Germany, France, the Nordics, the United States and Canada, and it will continue its product development, the release stated.
The company collects real-time insights using fully autonomous, mobile robots to process pallets at every stage in their journey throughout a warehouse, according to the release. The robots capture the volume and condition as they enter and leave the warehouse, scan goods on shelves and record their location and quantity.
BotsAndUs robots operate without human involvement and do not require additional investments in infrastructure, eliminating the need for stock checking and allowing managers to have ongoing visibility of their operations from wherever they are, the release stated.
“BotsAndUs is already paving the way for artificial intelligence and robotics to completely transform logistics,” said Co-Founder and CEO Andrei Danescu in the release. “Our integrated AI and robotics platform is helping companies boost their performance and unlock their full potential. We’re confident we can make our vision a reality: transforming logistics on a global scale with real-time data to eliminate errors and enhance performance across all steps.”
Lakestar led BotsAndUs’ seed funding effort, and there was participation from Maersk Growth, Kindred Capital and Capnamic, according to the release.
Earlier this week, Amazon announced it is ready to deploy its first fully autonomous mobile robot that was developed to perform its work and automatically move around employees. Proteus can operate in the same physical space as people without the need for confinement to separate areas, as was the case in the past with other robots.
Read more: Proteus is Amazon’s First Fully Autonomous Mobile Robot
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