Shuffle Robotics Raises $28M Sequence B Financing Led by DCVC
Shuffle Robotics is tackling one amongst the provision chain’s standard inefficiencies: truck loading and unloading. For over 100 years, truck trailers own been loaded and unloaded the utilization of the same classic strategies.
Shuffle Robotics, a next-know-how provider of computerized truck-loading robots-as-a-provider, has raised a $28 million Sequence B financing led by DCVC, a leading Silicon Valley challenge capital agency specializing in deep tech. The investment reflects Shuffle’s fleet allege with industry-leading customers – including John Deere, GE Appliances, Valeo, and Nissan – who’re the utilization of SlipBots to load and dump any truck in proper 5 minutes.
Shuffle Robotics is tackling one amongst the provision chain’s standard inefficiencies: truck loading and unloading. For over 100 years, truck trailers own been loaded and unloaded the utilization of the same classic strategies. On memoir of this, truckers utilize 23% of their workday idling at loading docks looking ahead to forklift operators to load and dump their trailers, while forklift operators chase to carry freight between the trailer and staging rental despite 25% of all industrial accidents taking put at the loading dock.
“Modernizing loading and unloading is an infinite notify waiting to be solved. Shuffle Robotics is driving a stage of switch within the provision chain industry no longer considered since the containerization of sea freight,” said James Hardiman, General Accomplice at DCVC. “Their solutions are no longer proper theoretical—they work, and they also ship tag and scale right now time.”
Shuffle empowers folks to auto-load and auto-dump any truck in proper 5 minutes the utilization of SlipBots. SlipBots scale again historical 30 to 60-minute loading instances to proper 5 minutes, offering a sooner, safer, and scalable resolution for rising logistics requires.
Unlike diverse computerized solutions, SlipBots take care of any make of freight, at any dock, with out a infrastructure modification, and with zero Wi-Fi or advanced IT integration required. This enormous applicability and ease of deployment has fueled Shuffle’s fleet adoption and enlargement with customers.
Valeo, a multinational automotive components manufacturer, historical SlipBots to decrease their trailer load/dump instances from 30 minutes to proper 5 minutes. SlipBots seamlessly integrated into their operations, enabling workers to lengthen dock throughput by 6x, decrease forklift traffic by 8x, and lengthen safety at the loading dock.
“Shuffle Robotics makes our lives more uncomplicated and proves that automation doesn’t must be no longer easy,” said Lou D’Allura, Productiveness Supervisor at Valeo. “It’s miles the precise deal.”
The need for better offer chain automation has never been extra serious. Labor shortages, rising operational fees, and the demand for sooner shipping instances are all driving a shift towards smarter, computerized solutions.
“Shuffle’s solutions don’t proper characterize the long scoot—they resolve right now time’s challenges. We’re inviting freight sooner, extra safely, and at a decrease tag for industry-leading brands in some unspecified time in the future of the provision chain,” added Chris Smith, CEO of Shuffle Robotics.
Shuffle has raised $forty five million thus removed from investors reminiscent of Eve Atlas, Tech Square Ventures, Hyde Park Challenge Partners, Overline, and Pathbreaker Ventures, all of whom participated within the Sequence B financing. This funding positions Shuffle Robotics to chase switch in a single amongst doubtlessly the most labor-intensive components of logistics.
Following this most unusual funding round, Shuffle is expanding its group to enhance fleet allege, lengthen deployments, and enhance its product choices. Shuffle is investing in persisted industrial allege along with examine and allege with a take care of turning in better tag to customers. These initiatives enhance its ability to remodel loading dock operations in some unspecified time in the future of industries.
For extra knowledge on Shuffle Robotics, talk over with www.sliprobotics.com.
ABOUT SLIP ROBOTICS
Shuffle Robotics empowers folks to auto-load and auto-dump any truck in 5 minutes the utilization of SlipBot computerized loading robots — at any dock, with any make of freight, in any trailer, and with zero Wi-Fi or IT integration required. The SlipBot robots-as-a-provider network drives 10x enhancements in safety, elope, and savings in some unspecified time in the future of the provision chain. Companies in some unspecified time in the future of North The united states spend SlipBots in 24/7 production operations, including John Deere, GE Appliances, Nissan, Valeo, and diverse producers and logistics operators.
ABOUT DCVC
DCVC is deep tech challenge capital. Over bigger than a dozen years, the agency has backed good entrepreneurs the utilization of computational approaches to resolve trillion-greenback complications within the precise world in some unspecified time in the future of a big plan of industries, especially these that haven’t considered discipline fabric development in many years. With billions of bucks of belongings below management, DCVC builds long-term relationships with the founders it backs. The agency has been with rather a lot of its corporations from their very originate up — and through to their recognition by the public markets as class-defining corporations. For extra knowledge, please talk over with www.dcvc.com, or follow us on LinkedIn or Twitter @DCVC.
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