Headquartered in London, BotsAndUs, a cutting-edge intelligence and robotics company has secured $13 million in seed funding. Lakestar (that invested in French unicorn Alan) led the round alongside participation from Maersk Growth, Kindred Capital, and Capnamic.
Ambitious expansion plans
With the fresh capital, BotsAndUs is in plans to expand its logistics-disrupting solution in the global markets, including Germany, France, Nordics, USA, and Canada. Also, it aims to drive product development.
“BotsAndUs is already paving the way for artificial intelligence and robotics to completely transform logistics. Our integrated AI and robotics platform is helping companies boost their performance and unlock their full potential. We’re confident we can make our vision a reality: transforming logistics on a global scale with real time data to eliminate errors and enhance performance across all steps” said Co-founder and CEO, Andrei Danescu.
“Logistics is an industry that always faced margin pressures and little means to invest into a digital infrastructure. BotsAndUs real-time data capture abilities create this infrastructure and the basis for long term automation of warehousing operations. We’re delighted to join the stellar team on their journey to transform logistics and enable companies to perform at their best,” said Lakestar Partner Christoph Schuh.
“Maersk Growth’s investment in BotsAndUs is a great reflection of how we in Maersk are working towards improving end-to-end customer visibility and access to inventory across our warehouses, ultimately offering our customers fulfilment tailored in real time and in response to changing demands,” said Ingrid Ebner, Global Head of Contract Logistics, Maersk.
“We are delighted to back such a talented and inspiring team. BotsAndUs are tackling big opportunities in global logistics. Most warehouses have limited or no automation, and could benefit significantly from exploring this space. Many firms currently stretch the capacity of people and process in response to business challenges. BotsAndUs provides an easy on-ramp for warehouses to explore automation, enrich data and enable intelligent optimisation to utilise untapped capabilities from existing assets and teams,” said Oliver Finch, Investment Partner, Maersk Growth.
Uses AI and autonomous robots
BotsAndUs was founded by Adrian Negoita, Andrei Danescu and Oana Andreea Jinga in 2015 in London. The startup aims to transform the data gathering operations of warehouse environments.
It captures real-time insights of warehouse operations using fully autonomous robots and Artificial Intelligence. These solutions capture real-time data to help companies drive better business decisions in the logistics and warehousing space. Their fully autonomous mobile and modular robots measure, track, and find goods across warehouses without workflow disruption. The data is fed real-time into digital twins, allowing logistics and warehouses to quickly respond to operational challenges they face on a daily basis.
Instant access to real time data helps optimise the present, de-risk the future and discover the intractable in each location and at every stage of the product journey through the warehouse and onto dispatch.