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About Pickle Robot
Industries
Robotics & Automation
AI & Machine Learning
Company Size
51-200
Company Stage
Series B
Total Funding
$102.5M
Headquarters
Cambridge, Massachusetts
Founded
2018
Overview
Pickle Robot develops robots that help with unloading tasks in warehouse loading docks, primarily serving logistics and e-commerce companies. Their robots are designed to work alongside human workers, making the unloading of trucks and containers more efficient and safer. The robots reduce the physical strain on workers, which helps to boost overall productivity. Pickle Robot generates revenue by selling and leasing their robotic units, providing maintenance services, and potentially offering software licensing. This focus on collaboration with human workers sets Pickle Robot apart from competitors in the robotics and automation market.
Simplify's Take
What believers are saying
- Pickle Robot raised $50 million in Series B funding, boosting development and market expansion.
- Strategic partnership with Yusen Logistics enhances operational efficiency and market reach.
- Growing demand for automation in logistics supports Pickle Robot's market potential.
What critics are saying
- Competition from established companies like Boston Dynamics threatens Pickle Robot's market share.
- Technological advancements may render Pickle Robot's models obsolete if innovation lags.
- Supply chain disruptions, such as semiconductor shortages, could impact production capabilities.
What makes Pickle Robot unique
- Pickle Robot's Dill works multiple shifts, enhancing productivity in e-commerce logistics.
- The robots communicate with human collaborators, improving safety and efficiency in warehouses.
- Pickle Robot focuses on reducing physical strain in package handling, a key industry challenge.
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Funding
Total Funding
$102.5M
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
↓ -6%1 year growth
↓ -6%2 year growth
↓ -10%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.
Yusen Logistics partners with Pickle Robot to streamline container unloading.
Pickle Robot is Hiring for 22 Jobs on Simplify!
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About Pickle Robot
Industries
Robotics & Automation
AI & Machine Learning
Company Size
51-200
Company Stage
Series B
Total Funding
$102.5M
Headquarters
Cambridge, Massachusetts
Founded
2018
Pickle Robot is Hiring for 22 Jobs on Simplify!
Find jobs on Simplify and start your career today