Photoneo Brightpick Group raised €38m Series B for robotic vision & fulfillment solutions

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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, Volkswagen, Kuka as well as Rholik. Slovenia-based with a significant presence in the US (as per the above), Photoneo Brightpick Group was founded in 2013 by Jan Zizka (CEO) & Tomas Kovacovsky (CTO). <Source: automate.org>