Before the pandemic, there were already labor shortages for warehouse and logistics, and the pandemic only exacerbated it. With the pandemic, there’s been a huge draw for more and more automation technology. I think when you look at it, over the last couple of years, we’ve had a good relationship with them.
Fetch robotics series#
When our customers got robots, they could take the hand scanner they already had today, scan a barcode and call a robot to them.Īs we were fundraising for our Series D, this opportunity came out of that. One of the first things we did was integrating their mobile computing devices, for an out-of-the-box experience on our cloud robotics platform. About two years ago, Zebra invested in Fetch, and we started working together through our partnership. When you look at it, over the last seven years, we’ve been building a pretty compelling cloud robotics platform. Why was this acquisition the right move for Fetch? It comes as interest in the category is at an all-time high, following widespread labor shortages during the pandemic.Īfter the news broke, we sat down with Fetch co-founder and CEO Melonee Wise to discuss the deal and the future of warehouse robotics.
Fetch robotics full#
The full deal is valued at $305 million, with Zebra acquiring the remaining 95% of the company for $290 million. The San Jose-based startup has been a mainstay in warehouse and fulfillment robotics for a number of years, offering a modular system designed to automate companies behind the scenes. “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.Yesterday, enterprise computing corporation Zebra Technologies announced its plan to acquire Fetch Robotics. “Together we have the right team with the right technology to provide end-to-end solutions that solve real customer problems,” Wise said at the time.
Fetch robotics upgrade#
Zebra says it works to offer seamless integration without warehouses and manufacturers have to upgrade or revamp their infrastructure.įetch Robotics CEO Melonee Wise said last month the company is looking forward to the acquisition and advancing the “adoption of flexible automation through AMRs.” The company hopes the acquisition will help facilitate Zebra’s expansion in intelligent automation, which fits with the company’s focus on robotics in driving improved efficiency. Gustafsson added that the deal would also expand on his firm’s mission of optimizing the supply chain “from the point of production to the point of consumption.” “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,” Zebra Technologies CEO Anders Gustafsson said last month.
Fetch robotics manual#
10) it has completed its acquisition of the cloud-driven autonomous mobile robot (AMR) startup Fetch Robotics.įetch’s AMRs have several functions, including “optimized picking in fulfillment centers and distribution centers, just-in-time material delivery in manufacturing facilities and automating manual material movement in any facility,” Zebra said in the announcement.īased in Illinois, Zebra has clients in retail and eCommerce, manufacturing, transportation and logistics, healthcare, public sector and other industries, working with more than 10,000 partners across 100 countries. Front line business firm Zebra Technologies announced Tuesday (Aug.
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