Kathryn Beeson – July 18, 2017
Fetch develops autonomous mobile robots to operate in industrial environments. These include material transport and data collection robots to streamline warehouse operations and monitor workplace environments, and platforms to facilitate research and development activities.
Fetch’s last round of investment came in June 2015, when it raised $20m of Series A funding. This has been used to expand sales and marketing operations and to meet growing demands for Fetch’s products from warehouses and fulfillment centers. Kabir Misra, MD of lead investors Software Bank US was optimistic about Fetch’s potential for transforming the future of warehouse robotics:
“As businesses look for solutions to streamline operations and meet the needs of an on-demand economy, we see a tremendous opportunity for robotics to solve that problem,” says Kabir Misra, Managing Director at SB Group US, Inc. “The team, the robots, and the timing all lead us to Fetch Robotics.”
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