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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. Their robots are designed to assist logistics and e-commerce companies by safely and efficiently unloading trucks and containers. These robots work alongside human workers, which helps to lessen the physical strain of manual unloading and boosts productivity. Pickle Robot generates revenue by selling and leasing their robotic units, providing maintenance services, and potentially offering software licensing. Their focus on collaboration between robots and humans sets them apart from competitors in the robotics and automation market.
Simplify's Take
What believers are saying
- Recent $50M Series B funding boosts development and market expansion efforts.
- Growing demand for automation due to labor shortages benefits Pickle Robot's solutions.
- Strategic partnerships, like with Yusen Logistics, enhance supply chain efficiency.
What critics are saying
- Competition from established robotics companies may pressure market share and pricing.
- Supply chain disruptions, like semiconductor shortages, could delay robot deployment.
- Potential regulatory changes in labor laws could impact product deployment.
What makes Pickle Robot unique
- Pickle Robot focuses on collaborative robots for e-commerce supply chain automation.
- Their robots reduce physical strain and increase productivity in warehouse environments.
- Partnerships with major logistics companies enhance their market presence and credibility.
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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
↓ -8%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.
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.
Pickle Robot is Hiring for 21 Jobs on Simplify!
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Customer Experience & Support
1 Open Roles
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 21 Jobs on Simplify!
Find jobs on Simplify and start your career today
Customer Experience & Support
1 Open Roles