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About Pickle Robot
Industries
Robotics & Automation
AI & Machine Learning
Company Size
51-200
Company Stage
Series B
Total Funding
$99.7M
Headquarters
Cambridge, Massachusetts
Founded
2018
Overview
Pickle Robot develops robots that help with unloading tasks in warehouse loading docks. Their robots are designed to assist human workers by taking on the physically demanding job of unloading trucks and containers, which helps reduce the physical strain on employees and boosts productivity. The company primarily serves logistics and e-commerce businesses, offering robotic solutions that can be purchased or leased. Revenue comes from selling robotic units, providing maintenance services, and possibly licensing software. Pickle Robot stands out by focusing on collaboration between robots and humans, ensuring a safer and more efficient unloading process.
Simplify's Take
What believers are saying
- Recent $50M Series B funding boosts development and market expansion efforts.
- Partnership with Yusen Logistics enhances container unloading efficiency and worker safety.
- Growing demand for automation in e-commerce logistics supports Pickle Robot's market potential.
What critics are saying
- Competition from established companies like Boston Dynamics threatens market share.
- Supply chain constraints may delay new robot deployments.
- Rapid AI advancements could render current offerings obsolete if innovation lags.
What makes Pickle Robot unique
- Pickle Robot offers low-cost, collaborative robots for e-commerce supply chain automation.
- Their robots work alongside humans, reducing physical strain and increasing productivity.
- Pickle Robot's focus is on unloading tasks, enhancing efficiency in logistics operations.
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Funding
Total Funding
$99.7M
Above
Industry Average
Funded Over
4 Rounds
BoxGroupIndustry standards
Benefits
Healthcare
401k
Snacks and cold brew
Competitive pay
Equity stakes
Growth & Insights and Company News
6 month growth
↓ -1%1 year growth
↓ -1%2 year growth
↓ -4%Pickle Robot Company ("Pickle Robot") has raised $50 million in series B funding with participation from a strategic customer, Teradyne Robotics Ventures, Toyota Ventures, Ranpak, Third Kind Venture Capital, One Madison Group, Hyperplane, Catapult Ventures, and others.
Pickle Robot Company announced it raised $50 million in Series B funding with participation from Teradyne Robotics Ventures, Toyota Ventures, and others. In Q3 2024, six customers ordered over 30 unload robots for deployment in early 2025. The funding will accelerate new feature development and expand commercial teams to access new markets. CEO AJ Meyer highlighted the value of their Physical AI in logistics, aiming to enhance supply chain robotics and customer value.
Pickle Robot closes $50 million series B funding and secures new orders for 30+ unload robots.
The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.The reader should not assume that the information is accurate and complete.
Secaucus, NJ and Cambridge, MA (GLOBE NEWSWIRE) - Yusen Logistics (Americas) Inc., a leading global supply chain logistics company, has entered into a strategic collaboration with Pickle Robot Company ("Pickle Robot"), a leader in Physical AI and robotic automation.
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About Pickle Robot
Industries
Robotics & Automation
AI & Machine Learning
Company Size
51-200
Company Stage
Series B
Total Funding
$99.7M
Headquarters
Cambridge, Massachusetts
Founded
2018
Pickle Robot is Hiring for 0 Jobs on Simplify!
Find jobs on Simplify and start your career today