Photonics HandbookBusiness
Pickommerce Raises $3.4M for Piece-Picking Product Development
PETAH TIKVA, Israel, Sept. 23, 2024 — Pickommerce, a warehouse automation company, has secured $3.4 million in funding to advance the development, production, and marketing of its PickoBot piece-picking robot. The funding round was led by IL Ventures, a fund focused on disruptive technologies for legacy industries.
PickoBot uses a computer vision system powered by machine learning to package objects of different sizes, weights and textures. It features multiple gripping methods in a single station, including vacuum, finger-based, and adhesive-based grippers, and uses an AI-driven decision-making algorithm for selecting optimal gripper and grasp configurations for each item.
The company sees the product as an alternative to manual packing in industrial and warehouse settings for applications such as apparel, retail, e-commerce, pharmaceutical, agricultural, and spare parts. The technology has already seen implementation in packing and shipment at a farm local to Pickommerce.
Published: September 2024