Pickommerce AI Robotics News
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/PRNewswire/ -- Pickommerce, a warehouse automation innovator, announced today it has secured $3.4 million in funding to advance the development, production...
Pickommerce, a warehouse automation innovator, has secured $3.4 million in funding to advance its PickoBot piece-picking robot. The funding round was led by IL Ventures and included InNegev, Fusion VC, the Israel Innovation Authority, and ZIM Ventures. PickoBot aims to address the global shortage of human pickers in warehouses by automating the Pick and Pack step, increasing efficiency and reducing costs. The technology has been successfully installed at Havivian Farm, showcasing its adaptability in handling fresh produce. The investment will help Pickommerce enhance its technology and expand its market presence.
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Pickommerce raises $3.4M to upgrade warehouses with robotic piece-picking solution | CTech
Pickommerce announced that it has secured $3.4 million in funding to advance the development, production, and marketing of its PickoBot piece-picking robot. The funding round was led by IL Ventures and included InNegev, Fusion VC, the Israel Innovation Authority, and ZIM Ventures. PickoBot utilizes a computer vision system powered by machine learning to safely and intelligently package objects of different sizes, weights, and textures. This technology aims to address the global shortage of workers in logistics warehouses by automating the Pick and Pack step, increasing efficiency, and reducing labor needs.
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Pickommerce AI Robotics crowned winner of Calcalist and Poalim Hi-Tech's StartUp+ competition CTech
Pickommerce AI Robotics, with its Dumbo system, won the Calcalist and Poalim Hi-Techs StartUp+ competition for 2022. Dumbo is a robot that uses AI to analyze and arrange items inside a box efficiently. The competitions runner-up was Blyp, which offers real-time business insights to store owners. Pickommerce received a prize of NIS 40,000 and expert guidance from Poalim Hi-Tech, as well as advertising on Calcalists website. The competition aims to support startups on their growth journey, with the finalists participating in a training program for young entrepreneurs. The panel of judges included partners from leading venture capital funds in Israel.
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