“There is no fulfillment solution that can handle double the orders, fulfill them in half the time, with half the staff, for half the cost. With a declining available labor pool and sky-rocketing eCommerce sales there is a shortage of over half a million warehouse workers. Finding reliable warehouse labor now ranks among the highest pain points for retailers as they attempt to maintain business continuity and simultaneously scale their fulfillment operations. Today, Nimble robots are deployed in fulfillment centers across the United States picking over 100,000 items per day for customers including several Fortune 500 retailers.Ĭatalyzed by the Covid-19 pandemic, eCommerce doubled in 2020, accelerating nearly 10 years of growth in the span of just a few months, according to McKinsey & Co. Nimble’s fleet of AI-powered robots intelligently pick, pack, and handle millions of products, spanning from apparel and electronics to beauty, general merchandise and grocery items. Nimble’s mission is to democratize affordable, on-demand fulfillment for every ecommerce retailer. Sebastian Thrun, Founder of GoogleX and Waymo (Google’s self-driving car division), co-founder of Udacity and CEO of Kitty Hawk, former Director of Stanford’s AI Lab (SAIL).Fei-Fei Li, Sequoia Professor Computer Science at Stanford University, Co-Director of Stanford Institute for Human-Centered AI (HAI), former Director of Stanford AI Lab (SAIL), former Chief Scientist of AI at Google Cloud, Twitter Board Director, and creator of ImageNet.The company also announced the appointment of AI industry pioneers to its Board of Directors: “I am excited about the team at Nimble and their ambition to invent the next generation of fulfillment centers, building on the best of robotics and artificial intelligence.”
The capital raised will further accelerate the company’s hiring plans, product and technology development and scaling of robot deployments for its customers’ fulfillment operations.
NIMBLE ROBOTICS LI SEBASTIAN THRUNHEATERTECHCRUNCH SERIES
SAN FRANCISCO–( BUSINESS WIRE)– Nimble Robotics, Inc., a robotics and ecommerce fulfillment technology company, today announced a $50 million Series A financing led by DNS Capital and GSR Ventures with participation from Accel and Reinvent Capital among others. The funds will be used to help Nimble double the size of its team and further develop its platform, which utilises deep imitation learning to helps the company’s robotic solution map and improve through imitation.Nimble adds AI pioneers Fei-Fei Li and Sebastian Thrun to its Board Simon Kalouche, Nimble’s CEO, said: “Instead of letting it sit in a lab for five years and creating this robotic application before it’s finally ready to deploy to the real world, we deployed it today. Fei-Fei was Chief Scientist of Artificial Intelligence, Machine learning and Vice President for Google Cloud. “It’s not fully autonomous – it’s autonomous maybe 90 to 95% of the time. The other 5 to 10% is assisted by remote human operators, but it’s reliable on day one, and it’s reliable on day 10,000.” Fei-Fei Li is currently Director at Nimble Robotics - View - Nimble Robotics org chart.
Nimble’s fleet of AI-powered robots pick, pack, and handle products spanning from the apparel and electronics sectors to beauty, general merchandise and grocery items. Nimble Robotics is a company specializing in autonomous logistics and AI robotics solutions. The company said its recent growth had been catalysed by the Covid-19 pandemic, with e-commerce surging in 2020. Nimble Brian Heater Warehouse automation company Nimble Robotics today announced that it has raised a 50 million Series A. Matrixyz is a provider of AI-based simulation solutions. For sources of this data, please see the company profile. “There is no fulfilment solution that can handle double the orders, fulfil them in half the time, with half the staff, for half the cost,” said Kalouche. “Our next-gen robotics technology will allow retailers and grocers of all sizes to have the fastest and most affordable fulfilment.” Nimble Robotics, which develops imitation learning-based warehouse robotic systems, raises 50M Series A, and adds Fei-Fei Li and Sebastian Thrun to its board Warehouse automation company Nimble Robotics today announced that it has raised a 50 million Series A. The Series A investment round was led by DNS Capital and GSR Ventures with participation from Accel and Reinvent Capital among others.
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