{"_id":"agxzfmlsbGlzdHNpdGVyGAsSC05ld19Db21wYW55GICAwMWtyJQJDA","lastupdate":"2022-08-30T00:00:00.000Z","update_date":"2022-08-30T00:00:00.000Z","lastModified":"Oct 12, 2024","active":1,"confidence_score":100,"confidence_score_reason":"markets","urlname":"commonsense-robotics","minimal_profile":null,"status":"","fullstatus":"","acquired":0,"hide_reason":null,"hide_reason_data":null,"hide_reasons":[{"id":"8257rxn4P8EFQOmS5hAAauHyYMhhxrA5u6yWX4XUShpybX3AMNo3Y9","reason":"Pending approval - External entity"},{"id":"aOIaOiiqfpA8UMw6VCTh8ueRmkG3lzDy1NGqEOaJbe11OrCzMTCCd6","reason":"The company is a service provider"},{"id":"ddgjKuc3GgH8E5UehSVJviRl471BCajL1plO8HtGoOojy2NivYqQ7x","reason":"Owner asked to delete"},{"id":"EjOKM211H1ira9J63oaGPuUxvr7Oba55TZo3NWsFO5uhbNu7o4x4zD","reason":"The company is not Israeli"},{"id":"J7fQJtnT3GdWWSE3MD8rzaW65LJ4jEIKxSZnneQiReONdZjG3zIqWe","reason":"Owner asked to hide in the meantime"},{"id":"NxlAC3ReFb5ksiYNLp2FnUyluoJzwRCYfcF7xpTZaPM53SdWQ5kv0B","reason":"Pending approval"},{"id":"RhC1tlwXzioK0MfzBII3H2wepEfQOfKVktmdwqeqTJjGi3ZaBWUqZo","reason":"The company is not innovative"},{"id":"S0Ed46vNI6vZYVxLedANWGjas23K6hY0QdsCtiGYL7lshqIEdLV3sA","reason":"The company ceased operations in Israel"},{"id":"VTANq7bEvlsEcPjp0ghelXfShaCosgndONGjgU730aAOxXtaDIF5j3","reason":"This is a product of an existing company"}],"type":"Startup","logokey":"$UvmGTz8cowfRTBaZLxgQMtG5FmIlO5HbdENm0ym8sK1RZCQHk5yrW8","name":"Fabric","oneliner":"On-demand Logistics Platform","registrar":"515226579","website":"https://www.getfabric.com","careerspage":"https://getfabric.com/careers","founded_month":1,"founded_year":2015,"formernames":["CommonSense Robotics"],"sociallinks":{"twitter":"https://twitter.com/fabriclogistics","youtube":"https://www.youtube.com/channel/UCCGOhLAnw8Krjp36ndTZMUg","facebook":"https://www.facebook.com/peopleoffabric","linkedin":"https://www.linkedin.com/company/28445862","instagram":""},"social":["https://www.facebook.com/peopleoffabric","https://www.youtube.com/channel/UCCGOhLAnw8Krjp36ndTZMUg","https://www.linkedin.com/company/28445862","https://twitter.com/fabriclogistics"],"flattenedsociallinks":"https://www.facebook.com/peopleoffabric|https://www.youtube.com/channel/UCCGOhLAnw8Krjp36ndTZMUg|https://www.linkedin.com/company/28445862|https://twitter.com/fabriclogistics","apps":{"appstore":"","googleplay":""},"is_claimed_by_owner":1,"employees":"500+","employees_exact":691,"patent":1,"raised":336000000,"stage":"C","public_stage":"C","primary_sector_key":"agxzfmlsbGlzdHNpdGVyJAsSF0Jhc2VDbGFzc2lmaWNhdGlvbk1vZGVsGICA4Iee18sKDA","primary_sector":"Automotive & Mobility Technologies","alternativenames":["Fabric Logistics","cs robotics","Common Sense Robotics","cs-robotics","Get Fabric"],"about":"Fabric is a logistics platform that aims to make on-demand eCommerce possible, profitable, and sustainable for retailers while powering retailers' unique offerings. The company builds multi-tenant and private networks of automated micro-fulfillment centers that position automation physically close to end customers. \r\nFabric's purpose-built proprietary solution enables cloud-like elasticity for retailers, providing them with flexibility to build a custom solution based on their unique inventory level, desired reach, and operating and capital expense requirements, expanding and flexing as their needs change. The company's solution has been deployed commercially since 2018 and is production proven.","climatetech_description":null,"is_climatetech_relevant":null,"phone":"+972722793123","country":null,"address":{"israeli":[{"id":"18f7726c-f6a9-4da6-9224-daae783b4640","city":"Tel Aviv-Yafo","type":null,"address":"HaMasger Street 9, Tel Aviv-Yafo, Israel","placeid":null,"notactive":0,"openeddate":null,"registrarid":null,"firstrdcenter":0,"registrarname":null}],"officesabroad":[{"id":"94aac83f-0ae3-40fd-9ddc-54ec376bc6c1","city":"New York","address":"99 Wall Street, New York, NY, USA","country":"United States","placeid":null}]},"headquarter_address":null,"district":"Center District","news":[{"id":"66aYi7ODvpGq4lelPxqJWRUEKPI8KZmX5eZLgeJ3UMIZsFE6nfnlbz","date":"Apr 11, 2024","link":"https://www.calcalistech.com/ctechnews/article/hyfcqfhlr","source":"www.calcalistech.com","visible":1,"analysis":{"tags":"Layoffs, Management Changes","company":"Fabric","layoffs":"30","summary":"Fabric, an Israeli company that develops automated fulfillment solutions, is planning to lay off around 30 employees, which accounts for 15% of its 200-person team. This is the second significant round of layoffs at the company after it cut 150 jobs in July 2022. The company recently appointed Curt Avallone as co-CEO alongside Avi (Jack) Jacoby. The previous round of layoffs came nine months after it raised a $200 million Series C funding round at a company valuation of over $1 billion. Fabrics robotic system is capable of entering urban spaces of various sizes and maximizing output and storage per square meter.","partners":"N/A","customers":"N/A","investors":["Temasek","Corner Ventures","Union Tech Ventures","Playground","Innovation Endeavors","Aleph"],"confidence":"9","key_topics":["Layoffs","Management Changes","Funding","Robotic System","Strategic Decisions"],"date_of_event":"July 2022","valuation_amount":"$1 billion","impact_on_company":"growth-negative","investment_amount":"$200 million","structured_issues":["Layoffs","Management Changes"],"acquisition_amount":"N/A","structuredIssuesShow":"#Layoffs  #Management Changes","entityGrowthIconPath":"url(/assets/circle-red.svg);"},"sentiment":"growth-negative","analysisId":"rAXlnaG6y3HSKrcBPiQE6Lav5MgoB7Qou59rrlyeBakMcuntyVZmMN","news_summary":"Retail tech startup Fabric firing 15% of workforce in second round of layoffs | CTech","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"8jJxKoFce5U7rdafEZRzJtg8vECWMhucTocKSVb2SA7dBPqvOcFzoq","date":"Mar 25, 2024","link":"https://www.calcalistech.com/ctechnews/article/sjfihn1jr","source":"www.calcalistech.com","visible":1,"analysis":{"tags":"Management Changes, Layoffs, Investment","company":"Fabric","layoffs":"120 employees","summary":"Fabric, a company that develops hardware and software for the rapid collection of online orders for retailers, has appointed Curt Avallone as co-CEO. Avallone will work alongside Avi (Jack) Jacoby, who took over as CEO in 2022. Avallone, who has launched successful eCommerce divisions at several major retailers, will be based in the United States as Fabric focuses on expanding its operations globally. The company laid off over 120 employees in July 2022, nine months after it raised a $200 million Series C funding round at a company valuation of over $1 billion.","partners":null,"customers":null,"investors":null,"confidence":9,"key_topics":["Co-CEO Appointment","Global Expansion","eCommerce","Layoffs","Investment"],"date_of_event":"2022","valuation_amount":"$1 billion","impact_on_company":"growth-positive","investment_amount":"$200 million","structured_issues":["Management Changes","Layoffs","Investment"],"acquisition_amount":null,"structuredIssuesShow":"#Management Changes  #Layoffs  #Investment","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"GWX9WhGBlROSzA0EI6zglEj4dMzgLJJCaBKlRvtVzTWH8fJdfSiKL1","news_summary":"Fabric appoints Curt Avallone as co-CEO to accelerate global growth | CTech","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"09306121-dc87-40bc-9bfd-fe4ac204f250","date":"Jul 13, 2022","link":"https://en.globes.co.il/en/article-israeli-retail-logistics-co-fabric-lays-off-120-1001418016","source":"en.globes.co.il","visible":1,"analysis":{"tags":"layoffs, management changes","company":"Fabric","layoffs":120,"summary":"Fabric, an Israeli robotics retail logistics platform developer, is undergoing a significant organizational restructuring and laying off 40% of its workforce. The company is shifting its strategic focus to providing robots to supermarkets, which will operate them. Fabric will now focus on developing a model that enables companies to push products with both hardware and software. The previous model of operating warehouses and providing services for customers was deemed inefficient. Fabric raised $200 million in a Series C financing round in 2021 at a company valuation of over $1 billion. The changes in the companys structure and strategy have resulted in the departure of CEO Elram Goren, who will be replaced by COO Avi Jacoby.","partners":null,"customers":null,"investors":null,"confidence":9,"key_topics":["Robotics","Retail logistics","Organizational structure","New strategy","Layoffs"],"date_of_event":"July 13, 2022","valuation_amount":"$1 billion","impact_on_company":"growth-negative","investment_amount":"$200 million","structured_issues":["Layoffs","Management Changes"],"acquisition_amount":null,"structuredIssuesShow":"#Layoffs  #Management Changes","entityGrowthIconPath":"url(/assets/circle-red.svg);"},"sentiment":"growth-negative","analysisId":"PgYf0A8NCMVbvZPRMrn68wlHYgoUW2yAU1QURZ4I2QUVNXELrui82T","news_summary":"Israeli retail logistics co Fabric lays off 120","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"371bc0a6-2820-4de9-9cf3-1f3d3fb7b1ac","date":"Oct 26, 2021","link":"https://www.calcalistech.com/ctech/articles/0,7340,L-3921016,00.html","source":"www.calcalistech.com","visible":1,"analysis":{"tags":"robotic solutions, funding round, valuation","company":"Fabric","layoffs":null,"summary":"Fabric, an Israeli retail technology startup, has closed a $200 million Series C funding round at a company valuation of over $1 billion. The funding round was led by existing investor Temasek and included participation from various other investors. Fabric develops robotic solutions for the fulfillment center industry and leverages its proprietary robotic micro-fulfillment technology stack. The company has announced major partnerships with Walmart, Instacart, and FreshDirect. Fabric plans to expand its micro-fulfillment operations and aims for significant growth in the future. The funding round and valuation indicate positive growth for the company.","partners":null,"customers":"Walmart, Instacart, FreshDirect","investors":["Temasek","Koch Disruptive Technologies","Union Tech Ventures","Harel Insurance & Finance","Pontifax Global Food and Agriculture Technology Fund (Pontifax AgTech)","Canada Pension Plan Investment Board (CPP Investments)","KSH Capital","Princeville Capital","Wharton Equity Ventures"],"confidence":9,"key_topics":["Fabric","Series C funding round","valuation","partnerships","growth"],"date_of_event":"2021-10-26","valuation_amount":"$1 billion","impact_on_company":"growth-positive","investment_amount":"$200 million","structured_issues":["Investment"],"acquisition_amount":null,"structuredIssuesShow":"#Investment","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"K7vCCiLiFGwqdp3JIM6mjnkaI64boG0KuuvQchB3ji8kZpPZxdbWMN","news_summary":"Fabric joins unicorn club with $200 million Series C","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"c6a58680-15ba-44d5-9553-1ded3925f3d1","date":"Jul 22, 2021","link":"https://www.calcalistech.com/ctech/articles/0,7340,L-3913125,00.html","source":"www.calcalistech.com","visible":1,"analysis":{"tags":"Partnership, Automation","company":"Instacart, Fabric","layoffs":"Not mentioned","summary":"Instacart, a leading online grocery platform in North America, has announced a multi-year strategic partnership with Israeli company Fabric. The partnership is part of Instacarts next-generation fulfillment initiative, which aims to bring automated technology solutions to retailers across the U.S. and Canada. Fabrics software and robotics will be integrated with Instacarts technology and shopper community to create new e-commerce services for retail partners. Fabric, formerly known as CommonSense Robotics, provides automation services to retailers, including Walmart and Fresh Direct.","partners":"Fabric","customers":"Walmart, Fresh Direct","investors":["Corner Ventures","Innovation Endeavors","Aleph","Playground Ventures","Canada Pension Plan Investment Board (CPPIB)","Evolv (Kraft Heinz)","Temasek"],"confidence":"9","key_topics":["E-commerce","Robotics","Fulfillment","Automation","Partnership"],"date_of_event":"22.07.21","valuation_amount":"Not mentioned","impact_on_company":"growth-positive","investment_amount":"$136 million","structured_issues":["Partners","Investment"],"acquisition_amount":"Not mentioned","structuredIssuesShow":"#Partners  #Investment","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"lJYzS5VPPGmJpTQRGtZ9uhsb0WFulf6Ei4lFqh4XCVwGe6rT5Anroa","news_summary":"Fabric to provide Instacart with automated fulfillment solutions as part of strategic partnership","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"c34d7946-b575-4a1a-8947-0a69acd1a186","date":"May 18, 2021","link":"https://nocamels.com/2021/05/fabric-super-pharm-israel/","source":"nocamels.com","visible":1,"analysis":{"tags":"expansion, partnership","company":"Fabric","layoffs":null,"summary":"Fabric, the warehouse automation logistics startup, is expanding its partnership with Super-Pharm to build and operate a second micro-fulfillment center. The center will fulfill thousands of orders a day for Super-Pharm, providing on-demand, same-day, and next-day delivery nationwide. The expansion comes after the success of their previous cooperation in developing the worlds smallest automated fulfillment center. Fabrics micro-fulfillment centers use robots to pack and deliver online orders quickly and efficiently. The partnership with Super-Pharm has been instrumental in supporting the growth of their e-commerce offering. Fabrics goal is to scale Super-Pharms online business while providing exceptional customer experiences. The new site will triple the number of orders fulfilled for Super-Pharm, with 90% of their home delivery orders being fulfilled through Fabrics micro-fulfillment centers.","partners":["Super-Pharm"],"customers":["Super-Pharm"],"investors":null,"confidence":9,"key_topics":["Fabric","Super-Pharm","micro-fulfillment center","expansion","partnership"],"date_of_event":null,"valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Partners"],"acquisition_amount":null,"structuredIssuesShow":"#Partners","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"5YbGoRPC6IRNAlXumdoj4JrA1B6Z6nqk82z7mYCcHx4uGWo1ubQFcK","news_summary":"Logistics Startup Fabric Expands Partnership With Israel's Leading Pharmacy Chain","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"15d4872b-1346-4730-9144-7de1e6974227","date":"Jan 27, 2021","link":"https://en.globes.co.il/en/article-walmart-teams-with-israels-fabric-on-logistics-centers-bots-1001358685","source":"en.globes.co.il","visible":1,"analysis":{"tags":"logistics, robotics","company":"Walmart","layoffs":null,"summary":"Walmart is partnering with Israeli robotics startup Fabric, along with Alert Innovation and Dematic, to set up bot-staffed logistics centers. These centers will be located adjacent to or inside Walmart stores and will improve the speed of supply, allowing Walmart to fulfill more orders and deliver them more quickly. Fabrics technology enables bots to automatically pick items, reducing the need for human manpower. Walmart is already setting up similar automated warehouses across the US. Fabric currently works with two retail chains in Israel and has logistics centers in Tel Aviv and Holon. Walmart plans to scale the number of stores serving as local fulfillment centers to provide faster service to customers.","partners":["Fabric","Alert Innovation","Dematic"],"customers":null,"investors":null,"confidence":9,"key_topics":["Walmart","Fabric","robotics","logistics","micro-fulfillment centers"],"date_of_event":"January 27, 2021","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Partners","Expand"],"acquisition_amount":null,"structuredIssuesShow":"#Partners  #Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"yKlfjVkbBrwBvyag8O3DZpHTYfbsydFcvT0An9G2shioMFygTT2tj5","news_summary":"Walmart teams with Israel's Fabric on logistics centers bots","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"b6696d50-388e-4773-904f-bc70968a2c82","date":"Feb 25, 2020","link":"https://medium.com/@evolv.vc/the-future-of-online-grocery-and-our-investment-in-fabric-2cdc82232b72","source":"medium.com","visible":1,"analysis":{"tags":"online grocery, e-commerce, fulfillment, automation","company":"Evolv Ventures","layoffs":null,"summary":"Evolv Ventures, a food and beverage company, has invested in Fabric, a microfulfillment company. The article discusses the growth of online grocery and the need for more efficient and profitable e-commerce solutions. Traditional retailers are struggling with high delivery costs and inefficient fulfillment methods. Large automated fulfillment centers have been built, but they have limitations and higher costs. The article suggests that microfulfillment centers, like those provided by Fabric, could be the solution. These centers offer automation and efficiency while being located in dense urban areas, reducing delivery costs. Evolv Ventures sees Fabric as a leading company in the microfulfillment space and has invested in their future. The article emphasizes the need for investment in the future of e-commerce in the grocery industry.","partners":"Fabric","customers":null,"investors":null,"confidence":8,"key_topics":["Online grocery","E-commerce","Fulfillment","Automation","Microfulfillment"],"date_of_event":null,"valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Partners","Investment"],"acquisition_amount":null,"structuredIssuesShow":"#Partners  #Investment","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"NEIvDTFrt4sDmkZJYFusheuBbALtxJDD9fmMXFJkSM9vEEYRP3gphN","news_summary":"The future of online grocery and our investment in Fabric","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"a13e6972-05ed-47b1-97d9-05baef99f748","date":"Dec 17, 2019","link":"http://nocamels.com/2019/12/fabric-tel-aviv-grocery-logistics-center-online-customers/","source":"nocamels.com","visible":1,"analysis":{"tags":"warehouse automation, logistics","company":"Fabric","layoffs":null,"summary":"Fabric, the warehouse automation logistics startup, has launched its grocery site in Tel Aviv and is delivering orders to online customers. The site is located underground in a triangular space with low ceilings and is equipped with temperature zones for different types of items. Fabric, formerly known as Commonsense Robotics, raised $110 million in a Series B funding round led by Corner Ventures. The company has partnered with grocery retailers to fulfill and deliver online orders within one hour. Fabric previously opened a logistics center in Tel Aviv in partnership with Super-Pharm. The company rebranded as Fabric and relocated its headquarters to New York to strengthen customer relationships through a new supply chain infrastructure.","partners":null,"customers":"Super-Pharm","investors":"Corner Ventures, Aleph","confidence":9,"key_topics":["Fabric","grocery site","warehouse automation","logistics","partnerships"],"date_of_event":"October","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":"$110 million","structured_issues":["Customers","Partners","Investment"],"acquisition_amount":null,"structuredIssuesShow":"#Customers  #Partners  #Investment","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"08foKUuVHdstX5h2T1PIRoJoEkkD3T1KyKLQYAPCSJDgnFYFbKnlyc","news_summary":"Fabric's Tel Aviv Grocery Logistics Center Begins Delivering Online Orders","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"4728c4eb-8e1b-48db-836f-917ebec9b05d","date":"Oct 23, 2019","link":"https://techcrunch.com/2019/10/23/fabric-raises-110-million-series-b-to-expand-its-network-of-automated-fulfillment-centers-in-the-u-s/","source":"techcrunch.com","visible":1,"analysis":{"tags":"logistics, robotics","company":"Fabric","layoffs":null,"summary":"Fabric, a startup specializing in automated logistics, has raised $110 million in Series B funding. The funding will be used for the companys expansion in the U.S. and the launch of its platform model, which allows clients to build micro-fulfillment centers using Fabrics AI and robotics-based technology. Fabric aims to provide retailers, including SMBs, with a world-class logistics solution to meet consumer expectations for on-demand fulfillment. The company plans to open three micro-fulfillment centers in New York City and expand to other U.S. cities in the future. Fabric views Amazon as a driving force in the market and aims to help other retailers stay competitive in the rapidly evolving space. The funding round was led by Corner Ventures, with participation from several other investors.","partners":null,"customers":null,"investors":["Corner Ventures","Aleph","Canada Pension Plan Investment Board (CPPIB)","Innovation Endeavors","La Maison","Playground Ventures","Temasek"],"confidence":9,"key_topics":["Series B funding","Platform model","Micro-fulfillment centers","U.S. expansion","Competition with Amazon"],"date_of_event":null,"valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":"$110 million","structured_issues":["Investment","Expand"],"acquisition_amount":null,"structuredIssuesShow":"#Investment  #Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"bhhsXAEyzFgUMTN6EfZOxfKZ0sqskvNnfa4n8WnaqCaPvsknrd5JD3","news_summary":"Fabric raises $110 million Series B to expand its network of automated fulfillment centers in the US","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"4b667b03-d566-408f-a1ba-ab71ca624f2a","date":"Jul 11, 2019","link":"https://venturebeat.com/2019/07/11/commonsense-robotics-announces-worlds-first-underground-micro-fulfillment-center/","source":"venturebeat.com","visible":1,"analysis":{"tags":"micro-fulfillment, underground warehouse","company":"CommonSense Robotics","layoffs":null,"summary":"CommonSense Robotics has broken ground on the worlds first underground automated warehouse in partnership with one of Israels largest grocery chains. The warehouse will be a full-service grocery site with three temperature zones and will enable the partner to fulfill delivery orders in less than an hour. CommonSense Robotics takes a hybrid approach to fulfillment, using robots to bring items to employees who pack individual orders. The companys first fulfillment center is one of the worlds smallest and services over 400 orders a day. CommonSense Robotics raised $20 million in funding and plans to expand internationally.","partners":"one of Israels largest grocery chains","customers":"Super-Pharm","investors":"Playground Global","confidence":9,"key_topics":["CommonSense Robotics","underground warehouse","micro-fulfillment","autonomous sorting center","fulfillment center"],"date_of_event":"July 11, 2019","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":"$20 million","structured_issues":["Partners","Expand"],"acquisition_amount":null,"structuredIssuesShow":"#Partners  #Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"qTmfujQ4b6KpWzDFvu1807vG92ZkyJmgK6j9zOCrcbi3mobF2QsOVm","news_summary":"CommonSense Robotics announces 'world's first' underground micro-fulfillment center","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"f3ea9fb3-77d3-45e4-abe7-7615c8947eb2","date":"Feb 25, 2019","link":"https://www.forbes.com/sites/lanabandoim/2019/02/25/making-one-hour-online-grocery-deliveries-interview-with-ran-peled-of-commonsense-robotics/?fbclid=IwAR1289bht1cjXDgE541YJns4uC1O2qQ5XEiZ5_8dyaCTRTaHH2QuJ5QxtZk#143499931ca5","source":"www.forbes.com","visible":1,"analysis":{"tags":"online groceries, robots, micro-fulfillment centers","company":"CommonSense Robotics","layoffs":null,"summary":"CommonSense Robotics, an Israeli startup, uses AI and robots in its micro-fulfillment centers to provide one-hour online grocery deliveries. The company aims to help grocery retailers fulfill and deliver online orders within one hour, offering speed, profitability, and scalability. CommonSense Robotics has partnerships with major Israeli retailer Super-Pharm and one of Israels largest grocers, and plans to announce partnerships with leading U.S. grocers in the coming weeks.","partners":null,"customers":"Super-Pharm","investors":null,"confidence":8,"key_topics":["online groceries","robots","micro-fulfillment centers","speed","profitability"],"date_of_event":"Feb 25, 2019","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Customers","Partners"],"acquisition_amount":null,"structuredIssuesShow":"#Customers  #Partners","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"40StVVYNGfEcDCpYGe1OBlM3oMMOX2iRg3SQUue8m8H1tKtZpZGxlc","news_summary":"Making One-Hour Online Grocery Deliveries: Interview With Ran Peled Of CommonSense Robotics","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"99d0dffd-2911-4d24-b023-61ad7b185158","date":"Nov 11, 2018","link":"https://www.timesofisrael.com/israeli-robot-filled-warehouse-seeks-to-cut-delivery-time-for-groceries/","source":"www.timesofisrael.com","visible":1,"analysis":{"tags":["online grocery shopping","automated e-commerce facility","robotics","micro-fulfillment centers","efficiency","customer satisfaction"],"company":"CommonSense Robotics","layoffs":null,"summary":"Tel Aviv-based CommonSense Robotics has launched an automated e-commerce facility to deliver groceries to customers doorsteps within one hour of ordering. The company aims to improve customer satisfaction and retailer efficiency by using a system that handles online orders and manages them using robots. CommonSense Robotics plans to set up a network of automated micro-fulfillment centers (MFCs) in city centers, which will occupy just 6,000 square feet. The company has already started working with large grocery retailers in the US and has signed an agreement with Super-Pharm and Rami Levy Hashikma in Israel. CommonSense Robotics has raised $26 million in funding from investors including Aleph, Playground Global, and Innovation Endeavors.","partners":null,"customers":["Super-Pharm","Rami Levy Hashikma"],"investors":["Aleph","Playground Global","Innovation Endeavors"],"confidence":9,"key_topics":["online grocery shopping","automated e-commerce facility","robotics","micro-fulfillment centers","customer satisfaction"],"date_of_event":null,"valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Customers","Partners"],"acquisition_amount":null,"structuredIssuesShow":"#Customers  #Partners","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"4u9NP5Vh60nkGg2RzT89pOJFji9XzIkhoAdWPDUbAlpXRb9dczuA0j","news_summary":"Israeli robot-filled warehouse seeks to cut delivery time for groceries","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"073b7263-2b04-4b00-b479-e2c52280ca50","date":"Oct 11, 2018","link":"https://venturebeat.com/2018/10/11/commonsense-robotics-launches-its-first-micro-fulfillment-center-in-tel-aviv/","source":"venturebeat.com","visible":1,"analysis":{"tags":["micro-fulfillment","autonomous sorting","shipping center"],"company":"CommonSense Robotics","layoffs":null,"summary":"CommonSense Robotics, an Israeli micro-fulfillment startup, has launched its first autonomous sorting and shipping center in Tel Aviv. 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