The robotics and Artificial Intelligence (AI) solutions company Gideon Brothers raised a $31 million USD Series A investment to accelerate the development and commercialization of its AI&3D vision-based autonomous mobile robots (AMRs).
The Series A round was led by Koch Disruptive Technologies (KDT), the venture and growth arm of Koch Industries, Inc.. Gideon Brothers will expand its Board of Directors with two seasoned industry leaders: Annant Patel, Director, KDT, and Xavier Garijo, Member of the Board of Management for Contract Logistics, DB Schenker.
“This investment in the development of autonomous mobile robots once again proves DB Schenker’s ambition to be the front runner in innovation. Our partnership with Gideon Brothers secures our access to best-in-class robotics and intelligent material handling solutions to serve our customers in the most efficient way. Our collaboration to date with Gideon Brothers has demonstrated real use cases in inbound and outbound processes within the warehouse environment. We also see wider applications and are excited at what this technology affords us in creating the ‘Warehouse of the Future’ for our customers. Together with Gideon Brothers we aim to challenge what we already have in practice at DB Schenker and revolutionize logistics business models.”
Looking back in time, DB Schenker already has a long history with Gideon Brothers. Back in 2018 Gideon Brothers took part in their international logistics start-up pitch or one year later, when DB Schenker tested three AGVs from Gideon Brothers in the warehouse in Leipzig Germany:
Gideon Brothers specializes in the flexible automation of horizontal and vertical material handling processes for logistics, warehousing, manufacturing, and retail businesses. With its advanced mobile robots and complete software solutions for autonomous indoor and outdoor operations, the company helps businesses solve their most complex supply chain challenges: rising customer expectations, increased product variability, and logistics volumes, growing variety of distribution channels, and ultimately labor shortage.
Given these points, AMRs make processes and workflows more efficient and productive. This is typically achieved by performing non-value-added tasks, such as transporting, picking up, and dropping off products. The autonomous robots from Gideon Brothers can be easily integrated into existing warehouses, thus relying on the flexible solution where productivity can be gained without the need to modify facilities.
Published: June 2021