DB Schenker invests in robotics company Gideon Brothers
Logistics service provider DB Schenker has taken part in a $31 million Series A investment round for the Croatian robotics and AI solutions company Gideon Brothers.
The investment round will help to accelerate the development and commercialisation of Gideon Brothers’ AI & 3D vision-based autonomous mobile robots (AMRs). The technology has already been implemented in DB Schenker’s warehouse in Leipzig, Germany.
“This investment in the development of autonomous mobile robots once again proves DB Schenker’s ambition to be the frontrunner in innovation,” says Xavier Garijo, Member of the Board of Management for Contract Logistics, DB Schenker.
“Our partnership with Gideon Brothers secures our access to best-in-class robotics and intelligent material handling solutions to serve our customers in the most efficient way. Our collaboration to date with Gideon Brothers has demonstrated real use cases in inbound and outbound processes within the warehouse environment. We also see wider applications and are excited at what this technology affords us in creating the ‘Warehouse of the Future’ for our customers.
“Together with Gideon Brothers we aim to challenge what we already have in practice at DB Schenker and revolutionize logistics business models.”
Garijo will become a member of Gideon Brothers’ Board of Directors.
