Xpand Overview
Xpand enables retailers to expand their market presence and enter new locations with a flexible, unmanned retail format. These plug-and-play units can be easily deployed or redeployed to optimize real estate and improve access to consumers. Retailers can offer 24/7 shopping with minimal effort and operational costs, increasing profitability and enhancing customer engagement.
Cumulative Funding Raised Over Time ($)
Latest News
growth-positive
Retail technology to be incorporated in stores - KYMA
Brick and mortar stores are incorporating more technology such as robotics and artificial intelligence to speed up the buying process. At the National Retail Federations Expo in New York, companies showcased various gadgets changing the way businesses operate. Apptronik introduced Apollo, a humanoid robot designed to work autonomously in warehouses and factories. Lenovo demonstrated a high-tech shelf display that uses AI to collect demographics and learn about customers. 1-m robotics, backed by Microsoft, presented a convenience store concept that resembles a giant ATM, designed to prevent shoplifting.
CustomersPartners
growth-positive
1MRobotics appoints Trax founder Joel Bar-El as Chairman | CTech
1MRobotics, a company that develops robotic solutions for hyperlocal logistics, has appointed Joel Bar-El as Chairman. Bar-El, who is the founder and chairman of Trax, is expected to bring his experience in technological entrepreneurship to strengthen the leadership team of 1MRobotics. The company, which specializes in producing robotic solutions for hyperlocal logistics with a focus on the last mile and the intralogistics markets, has raised $27 million to date and has clients such as Nespresso Israel, iStore, and Zé Delivery.
Management Changes
growth-positive
פיילוט של נספרסו: מקצרים את זמן המשלוח עד הבית לשעתיים
Nespresso Israel is launching a pilot project with Israeli startup 1MRobotics, which develops tiny robotic warehouses, to shorten the delivery time of coffee orders to its customers to up to two hours from the moment of order. The order received in the robotic warehouse will be ready for delivery and pickup within minutes by the courier company. The pilot, which is taking place in Tel Aviv, will initially include one robotic warehouse and will take place among a defined radius of Nespresso customers. The new technology will allow full automation of the picking and packaging process of the deliveries, optimal inventory planning and management, and significant savings in electricity costs.
PartnersCustomers
growth-positive
Israeli startup deploys robots to boost pace of online shopping deliveries
Israeli company 1MRobotics is using robots to speed up online shopping by automating small storerooms. The robots manage the storerooms, packaging items for quick collection by customers and couriers. The companys CEO, Eyal Yair, said the aim is to reduce delivery times to as little as 10 minutes. The robots work in a custom-made space, with humans only needed to restock the warehouse and dispatch deliveries. The company is planning to work with an alcohol shop in Brazil, minimarkets in Germany, and a cellphone company in South Africa.
Expand
הרובוט שהופך את המשלוחים המהירים למהירים יותר
