💰$100M in Funding For Vecna💰 Vecna Robotics today announced the closure of their Series C funding round, accumulating $100 million, with $40 million in new funding. The American firm, based out of Massachusetts, have also recently appointed Michael Helmbrecht as Chief Operating Officer to help them during a time of such growth. CEO of Vecna Robotics, Craig Malloy, said, “Finalizing this capital raise, with the help of our existing investors and a new financing partner, is huge validation that we are on the right track." "With fresh capital secured, we have the balance sheet to help us drive growth with our existing customers", Malloy continued, "improved product performance and the release of new automation technology that will change the game for material handling in warehousing and distribution.” Read more on this exciting development for Vecna through the link below: #funding #intralogistics #robotics
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🤝New European Partnership🤝 Yesterday, ForwardX Robotics announced a strategic partnership with VOYATZOGLOU to be the official distributer in Greece and Romania. This would see ForwardX's comprehensive portflio of AMRs be distributed across Voyatzoglou's Greek and Romanian markets, through their subsidiary EUROFIT - Voyatzoglou Romania. Nicolas Chee, CEO of ForwardX Robotics, said, “This collaboration not only will accelerate the logistics automation in the Greek market but also sets a new industry benchmark.” ⬇️Read more on this development below
ForwardX Robotics forms Strategic Partnership in Europe with Voyatzoglou and EuroFit
https://mvpromedia.com
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🤖A First for Italy🤖 Last week, Geek+, in collaboration with SSI SCHÄFER, completed the first tote-to-person project in Italy, for European pharmaceutical company Dr. Max. The new facility is focused on Pharmaceutical and cosmetics E-commerce fulfilment. This ensures efficient processes and a seamless supply chain, as well as allowing future growth; the new warehouse will gradually handle pharmacy deliveries in addition to e-commerce orders. Wayne Tai, channel partner manager for EMEA, Geek+, said, "The combination of our robots with SSI Schaefer's components offers Dr. Max a variety of possibilities. Should the requirements change, the system can be customized at any time." "Plus, the replication of Geek+ solutions throughout Dr. Max facilities is proof that warehouse automation with mobile robots is a winning strategy," he continued. From automatic order start and picking directly into cartons to automated shipping preparation, including volume reduction and carton sealing, the e-commerce fulfilment centre integrates a range of warehouse automation. "It is important to us to flexibly tailor our solutions to the requirements of our customers. Thanks to the cooperation with Geek+, we were able to implement a sustainable concept for Dr. Max that sets industry-wide standards and can be flexibly implemented at other sites," said SSI Schaefer project manager Oleg Rak. ⬇️Read more through the article below #intralogistics #automations #robotics
Geek+ implements first Tote-to-Person project in Italy for pharmaceutical chain
morningstar.com
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🤝Robotics and Sustainability🤝 Yong Zheng, CEO of Geek+, recently wrote in The Peak Singapore about the clear and important link between automating a warehouse and a decreased carbon footprint. Streamlining processes, reducing idle times, optimal resource allocation and cutting down energy-consuming tasks were all clear positives that can help make the warehouse more sustainable through automation. "By investing in warehouse automation, companies can create a more sustainable, efficient, and employee-friendly operation that is more than well-equipped to handle the challenges of the modern economy", Zheng wrote. He also discussed the jobs that automation can create, dispelling the myth that automating a warehouse will replace workers. Read the fascinating article below: #agv #sustainable #automation #intralogistics
The surprising and slightly unexpected link between Goods-to-Person robotics and sustainability
thepeakmagazine.com.sg
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I am currently looking to connect with Sales Directors within the Warehouse Automation industry based in the Netherlands. If you are interested, please reach out to me via LinkedIn or through email: ben.mccaffrey@mackenziestuart.com
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📈Projected Growth for Intralogistics📈 The market for Warehouse Robotics was recently valued at over $4.5BN in 2023. The market is now expected to develop at a compound annual growth rate (CAGR) of 19.6% from 2024 - 2031, reaching a value of over $19BN. The projected growth is partly down to industry growth, particularly within the Retail and E-Commerce space. According to ABI Research, Autonomous Lift Trucks are the product that will grow the fastest, with shipments expected to double across the course of the next year. Ryan Wiggins, Senior Analyst at ABI Research, said, "More organizations are now exploring how they can optimize their industrial lift truck fleets through better management by adding telematics systems and exploring autonomous models for certain tasks.” After a tough 2023, it seems 2024 and beyond is looking up for the industry! Read more on the projected growth in the article below. #intralogistics #agv #growth
Warehouse Robotics Market Advancements Highlighted by Size, Global Growth Trends, Forecast Report- Industry Outlook to 2031
whatech.com
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🚨If you are interested in these roles, please contact me at: 📧ben.mccaffrey@mackenziestuart.com
We are actively hiring for a wide range of opportunities within the Industrial Space 🏭🚛 These roles offer the chance to join some global leading companies within the industry. If any of these are of interest, please reach out to the following people accordingly: ➖ Warehouse Automation - Ben McCaffrey ➖ Logistics (Europe) - Sinan Gilroy ➖ Logistics (USA) - Joe Campbell ➖ Testing, Inspection & Certification - Caleb Kent ➖ Adhesives & Coatings - Eddie Nyantou & Theo Joannou ➖ Plastics & Polymers - Jay Young ➖ Water Treatment Equipment - Rebecca Bennett #MSJobs #Industrial #Logistics #Automation #TIC #Chemicals #USA #Europe #Hiring
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🚨I'm looking to connect with Business Developers in Illinois, specialised in the Intralogistics industry. If you are interested, please contact me at: 📧ben.mccaffrey@mackenziestuart.com
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❗Breaking News in Intralogistics! Leading integrator Hy-Tek Intralogistics have announced that Kevin Viravec will assume the role of Chief Executive Officer, taking over from Sam Grooms. Grooms, who will continue as Chairman of the Board, said “We had to find a leader with experience running a world-class business." "We needed someone with the passion to grow our company and work with dedicated people who commit their best every day. Kevin is an accomplished and proven senior executive who has led and transformed businesses into high-performing, purpose-driven and profitable organizations. He is a great fit for our team and our future.” Viravec, who previously held Presidency roles at Sensormatic, The Edgewater Funds and Gibraltar Industries, said, “The most important initiative at Hy-Tek is to support our customers’ long-term growth.” “As I begin my new role, I will continue to invest in their future which will lead us to be the largest and most respected warehouse automation systems integrator in the country.” ⬇️Read more on this exciting update below! #intralogistics #automation
Hy-Tek Intralogistics Names Kevin Viravec as New CEO
https://hy-tek.com
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After finishing in the Top 10 AGV start-ups to watch last year, Tuskrobots have launched their innovative AGV product range: E08, E10 and TUSKE. The AGVs have been deployed across Pharmaceutical, Logistics and Consumer Goods verticals. ⬇️Check the video out below, demonstrating the AGV autonomously moving pallets!
➖ 𝐖𝐀𝐑𝐄𝐇𝐎𝐔𝐒𝐄 𝐋𝐎𝐆𝐈𝐒𝐓𝐈𝐂𝐒 𝐈𝐍𝐍𝐎𝐕𝐀𝐓𝐈𝐎𝐍 𝐅𝐨𝐫 𝐌𝐨𝐫𝐞 𝐈𝐧𝐟𝐨 𝐜𝐥𝐢𝐜𝐤 𝐇𝐞𝐫𝐞: https://lnkd.in/dUG2ZDEV Tuskrobots has launched a revolutionary concept to transform warehouse mobility globally! Their latest innovation can move pallets autonomously, streamlining operations and enhancing logistics efficiency. A game-changer for the industry, this technology promises to make warehouse environments more dynamic and responsive.
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