Brightpick brings in $12M to deploy more mobile picking robots in the U.S.

Brightpick as we speak introduced that it has raised a further $12 million in a mixture of fairness and debt funding. The corporate mentioned it should primarily use the brand new funding to help the deployment of robots and synthetic intelligence within the U.S., which is predicted to generate 50% of its income in 2024.

“Since launching Brightpick Autopicker early final yr, we’ve skilled super curiosity from new prospects,” mentioned Jan Zizka, co-founder and CEO. “Our distinctive know-how gives better labor and value financial savings than some other resolution, which resonates strongly with prospects. Our focus has at all times been on scaling within the US, the place we’re now seeing probably the most traction. These funds will primarily help extra buyer installations in that market.”

Brightpick spun off in 2021 from Bratislava, Slovakia-based Photoneo, a developer of 3D robotic imaginative and prescient sensors and intelligence software program. The corporate, which is headquartered close to Cincinnati in Erlanger, Ky., is a part of Photoneo Brightpick Group, which has greater than 8,000 know-how installations throughout the U.S., Europe, and Asia.

Autopicker applies AI to success

Brightpick gives AI robots for warehouses to automate each step of success, from order choosing and consolidation to dispatch and inventory replenishment. The corporate claimed that its award-winning cell manipulator is the one one on the earth that robotically picks and consolidates orders instantly within the warehouse aisles, like a human with a cart.

The flagship Autopicker system, first introduced in 2023, takes simply weeks to deploy and allows firms to attenuate the labor wanted for order success, mentioned Brightpick.

The corporate added that it now has extra 200 staff and over 300 AI robots deployed throughout the U.S. and Europe. Its prospects embrace main firms comparable to Rohlik Group, Dr. Max, and The Feed.

Final yr, Autopicker was the 2024 RBR50 Utility of the 12 months winner. The system stood out for its potential to automate each cell manipulation and every choosing. 

Brightpick funding totals $47M

To this point, Photoneo has invested greater than $35 million in Brightpick, with this newest spherical bringing complete funding to $47 million.

The spherical noticed participation from new investor EBRD Enterprise Capital alongside present traders Pavel Baudiš and Eduard Kučera (founders of Avast), Miroslav Trnka (founding father of ESET), Maximilian Kolowrat-Krakowsky, and Juraj Duriš.

“We’re excited to help Brightpick as they proceed to revolutionize warehouse automation with their modern know-how,” mentioned Bruno Lusic of EBRD Enterprise Capital. “Their potential to ship unmatched effectivity and value financial savings to prospects positions them as a frontrunner available in the market, and we’re assured that their fast development within the U.S. will additional strengthen their main place.”

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