Avidbots, a producer of industrial cleaning robots, announced that it closed a $70 million Series C funding round.
Neo 2 cleaning robot includes Avidbots updates for AI and fleet management
Avidbots’ founders said that the additional sensors and software integrated into the Neo 2 floor-cleaning robot will help it be useful in a variety of locations, from warehouses to airports and retail stores.
DHL deploying hundreds of Avidbots’ Neo cleaning robots
DHL is scaling up its robotic workforce. Last month it announced an expanded roll-out of Locus Robotics’ autonomous mobile robots, and today it said it’s scaling the use of Avidbots’ Neo floor-scrubbing robot. Avidbots and DHL first started working together in North America in 2019. DHL will now install Neo robots in warehouses, hubs and…
CVG first US airport to deploy Avidbots Neo floor-scrubbing robot
The Cincinnati/Northern Kentucky International Airport (CVG) is now the first U.S. airport to deploy Avidbots‘ Neo floor-scrubbing robot. During a pilot program with Kitchener, Ontario-based Avidbots that began in November 2019, CVG used Neo to clean an average of 200,000 square feet of flooring per week. Now that it’s officially deployed, Avidbots’ Neo is currently…
MODEX roundup, Day 3: robots, research and sweepers
ATLANTA – There weren’t as many official news announcements on the third day of the MODEX show, but there were still enough items of note in the robotics space, as companies continued to meet with attendees offering new robot solutions in the warehousing and materials handling space. Yes, it is time for another MODEX roundup! […]
Robotics investments recap: March 2019
Investments in robots, autonomous vehicles, and related systems totaled at least $1.3 billion in March 2019, down from $4.3 billion in February. On the other hand, automation companies reported $7.8 billion in mergers and acquisitions last month. While that may represent a slowdown, note that many businesses did not specify the amounts involved in their…
Avidbots raises $24M for commercial floor cleaning robots
Avidbots, a Kitchener, Ontario-based company that makes commercial floor cleaning robots, raised $23.6 million in Series B funding led by returning investor True Ventures. This latest round of funding raises Avidbots’ venture capital financing to a total of $36 million. Founded in 2014 by Pablo Molina and Faizan Sheikh, Avidbots’ first product, Neo, is an…