Photoneo Brightpick Group combines Photoneo - a leading provider of robotic vision sensors & AI software, & Brightpick - which embarks Photoneo tech to offer entire fulfillment solutions (across replenishing, retrieving, picking & consolidation) to enable ecommerce retailers, grocers & 3PL’s to fully automate their picking operations (“in less than two weeks”). The new capital is specifically aimed at accelerating the pace of deployment & presence of Brightpick in the ever-lucrative US market (& to launch an updated automated picking solution in Q1 2023). It’s worth noting that the group has over 5,000 technology installation across the US, Europe & Asia already (with the US accounting for approx. 25% of revenue). Customers include General Motors,...

Zurich-based, EthonAI offers a no-code software platform for vision-based defect detection, process monitoring & root cause analysis for manufacturers. It helps them improve their financial performance (bear in mind, internal costs of quality mgmt generate on avg 15% of operating expenses) & environmental impact by reducing waste, reworks & defects as follows: Assembly Verification: “detect assembly errors like misplacements, wrong orientations & missing components with <99% accuracy". The solution can be deployed in the manufacturing of PCB (to detect electrical components & their position), medical devices (to verify intactness & closure, correctness of printed labels, as well as store images to enable audit trails) & general mechanical assembly Surface Inspection: whether on fully automated lines (connecting...