A.P. Moller – Maersk is teaming up with Fabric to implement an AI-driven automated fulfillment center for e-commerce.
Fabric is pivoting from selling and supporting its solution in a RaaS model, to selling it as a platform solution.
Fabric, which develops ASRS technology for micro-fulfillment, is pivoting its business from a service and network model to a hardware and software platform model.
Fabric will use the funding to expand its tech across the general merchandise market and build microfulfillment centers across the U.S.
FreshDirect is expanding its delivery services in the Washington, D.C., area with micro-fulfillment centers from Fabric, as both companies look to expand nationally.
A consumer survey supports predictions that online grocery orders will increase to 10% of total sales this year, reported micro-fulfillment provider Fabric. The novel coronavirus outbreak has accelerated this increase, it said.
The big winners in October 2019 robotics transactions were in transportation and healthcare, but agriculture, AI, and logistics were also well-represented.
Fabric, formerly known as CommonSense Robotics, has raised Series B funding to expand its network of micro-fulfillment centers for retailers in the U.S.