The Robot Report

  • Home
  • News
  • Technologies
    • Batteries / Power Supplies
    • Cameras / Imaging / Vision
    • Controllers
    • End Effectors
    • Microprocessors / SoCs
    • Motion Control
    • Sensors
    • Soft Robotics
    • Software / Simulation
  • Development
    • Artificial Intelligence
    • Human Robot Interaction / Haptics
    • Mobility / Navigation
    • Research
  • Robots
    • AGVs
    • AMRs
    • Consumer
    • Collaborative Robots
    • Drones
    • Exoskeletons
    • Industrial
    • Self-Driving Vehicles
    • Unmanned Maritime Systems
  • Markets
    • Agriculture
    • Healthcare
    • Logistics
    • Manufacturing
    • Mining
    • Security
  • Financial
    • Investments
    • Mergers & Acquisitions
    • Earnings
  • Resources
    • Careers
    • COVID-19
    • Digital Issues
    • Publications
      • Collaborative Robotics Trends
      • Robotics Business Review
    • RBR50 Winners 2022
    • Search Robotics Database
    • Videos
    • Webinars / Digital Events
  • Events
    • RoboBusiness
    • Robotics Summit & Expo
    • Healthcare Robotics Engineering Forum
    • DeviceTalks
    • R&D 100
    • Robotics Weeks
  • Podcast
    • Episodes
    • Leave a voicemail

Fetch Robotics acquired by Zebra Technologies for $290M

By Steve Crowe | July 1, 2021

Listen to this article
Voiced by Amazon Polly
Fetch Robotics AMR product line

Fetch Robotics has an AMR portfolio with payloads between 100 kg – 1500 kg. | Image credit: Fetch Robotics

Fetch Robotics, a San Jose, Calif.-based developer of autonomous mobile robots (AMRs) for logistics, has been acquired by Lincolnshire, Ill.-based Zebra Technologies for $290 million. The acquisition is expected to close in the third quarter of 2021 and is subject to customary closing conditions.

Zebra Technologies already owned 5% of Fetch Robotics through an earlier investment. Zebra is acquiring the other 95% of Fetch Robotics. According to the announcement, Fetch Robotics “is generating annualized run-rate sales of approximately $10 million.” Prior to this acquisition, Fetch Robotics, which was founded in 2014, had raised about $94 million.

Fetch offers a portfolio of AMRs and cloud-based software for deploying and integrating a range of automated workflows. The companies said the acquisition will help them both integrate technology to connect human workers, tools like hand-held scanners and self-navigating robots, and the software that directs the flow of distribution, manufacturing and retail operations.

“The acquisition of Fetch Robotics will accelerate our Enterprise Asset Intelligence vision and growth in intelligent industrial automation by embracing new modes of empowering workflows and helping our customers operate more efficiently in increasingly automated, data-powered environments,” said Anders Gustafsson, CEO of Zebra Technologies. “This move will also extend our ongoing commitment to optimize the supply chain from the point of production to the point of consumption. We are excited to welcome the Fetch team to the Zebra family.”

Fetch and Zebra have worked closely together in the past. The companies announced a partnership in early 2020 by integrating Fetch’s AMRs and Zebra’s FulfillmentEdge software. Fetch recently announced full compliance with the new ANSI / RIA standard R15.08. In making this announcement. Fetch was also one of many robotics companies that developed disinfection solutions due to the COVID-19 pandemic.

This is a great moment for Fetch’s CEO and co-founder Melonee Wise, one of the most well-known names in the industry. Her previous startup, Unbounded Robotics, abruptly shut down in 2014 after developing the promising UBR-1 single-armed mobile robot.

“The Fetch team is excited to join Zebra and accelerate the adoption of flexible automation through AMRs and our cloud-based robotics platform. Together we have the right team with the right technology to provide end-to-end solutions that solve real customer problems,” said Wise. “By helping customers dynamically optimize and holistically orchestrate their fulfillment, distribution, and manufacturing operations, together we help enable their ability to stay ahead of growing demand, minimize delivery times and address shrinking labor pools.”

Fetch is among a growing number of AMR providers that focus on the logistics industry. Some of Fetch’s main competitors include Locus Robotics, which recently raised a $150 million Series E round of funding, and 6 River Systems, which was acquired by Shopify in September 2019 for $450 million.

About The Author

Steve Crowe

Steve Crowe is Editorial Director, Robotics, WTWH Media, and co-chair of the Robotics Summit & Expo. He joined WTWH Media in January 2018 after spending four-plus years as Managing Editor of Robotics Trends Media. He can be reached at [email protected]

Tell Us What You Think! Cancel reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Related Articles Read More >

tiny robot on penny
Researchers create walking robot half a millimeter wide
CMU ATV
Carnegie Mellon researchers gather data to train self-driving ATVs
RoboDK twintool
RoboDK releases automatic robot tool calibrator TwinTool
pony.ai
California DMV suspends another Pony.ai test permit

2021 Robotics Handbook

The Robot Report Listing Database

Latest Robotics News

Robot Report Podcast

State of robotic perception with RGo Robotics' Amir Bousani
See More >

Sponsored Content

  • Meet Trey, the autonomous trailer (un)loading forklift
  • Kinova Robotics launches Link 6, the first Canadian industrial collaborative robot
  • Torque sensors help make human/robot collaborations safer for workers
  • Roller screws unlock peak performance in robotic applications
  • Making the ROS development cycle manageable

RBR50 Innovation Awards

Leave us a voicemail

The Robot Report
  • Mobile Robot Guide
  • Collaborative Robotics Trends
  • Field Robotics Forum
  • Healthcare Robotics Engineering Forum
  • RoboBusiness Event
  • Robotics Business Review
  • Robotics Summit & Expo
  • About The Robot Report
  • Subscribe
  • Advertising
  • Contact Us

Copyright © 2022 WTWH Media LLC. All Rights Reserved. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of WTWH Media
Privacy Policy | Advertising | About Us

Search The Robot Report

  • Home
  • News
  • Technologies
    • Batteries / Power Supplies
    • Cameras / Imaging / Vision
    • Controllers
    • End Effectors
    • Microprocessors / SoCs
    • Motion Control
    • Sensors
    • Soft Robotics
    • Software / Simulation
  • Development
    • Artificial Intelligence
    • Human Robot Interaction / Haptics
    • Mobility / Navigation
    • Research
  • Robots
    • AGVs
    • AMRs
    • Consumer
    • Collaborative Robots
    • Drones
    • Exoskeletons
    • Industrial
    • Self-Driving Vehicles
    • Unmanned Maritime Systems
  • Markets
    • Agriculture
    • Healthcare
    • Logistics
    • Manufacturing
    • Mining
    • Security
  • Financial
    • Investments
    • Mergers & Acquisitions
    • Earnings
  • Resources
    • Careers
    • COVID-19
    • Digital Issues
    • Publications
      • Collaborative Robotics Trends
      • Robotics Business Review
    • RBR50 Winners 2022
    • Search Robotics Database
    • Videos
    • Webinars / Digital Events
  • Events
    • RoboBusiness
    • Robotics Summit & Expo
    • Healthcare Robotics Engineering Forum
    • DeviceTalks
    • R&D 100
    • Robotics Weeks
  • Podcast
    • Episodes
    • Leave a voicemail