Brightpick
Assembly Line
Brightpick Raises $12 Million to Accelerate Rollout in the US
Brightpick, a leading provider of warehouse automation solutions for order fulfillment, announced it has raised an additional $12 million in a mix of equity and debt. The round saw participation from new investor EBRD Venture Capital, alongside existing investors Pavel Baudiš and Eduard Kučera (founders of Avast), Miroslav Trnka (founder of ESET), Maximilian Kolowrat-Krakowsky, and Juraj Duriš.
Founded in 2021 as a spin-off of Photoneo, a leader in 3D robotic vision sensors and intelligence software, Brightpick now has over 200 employees and 300 AI robots deployed across the US and Europe. Its customers include leading companies such as Rohlik Group, Dr. Max, and The Feed. To date, Photoneo has invested over $35 million in Brightpick, with this latest round bringing total funding to $47 million. The new funding will primarily support the deployment of Brightpick’s AI robots in the US, which is expected to generate 50% of the company’s revenue in 2024.
World’s most advanced robotic warehouse (AI automation)
Inside the World's Most Advanced Robotic Warehouse (AI Robots)
Photoneo Brightpick Group Raises Additional $19 Million to Complete $40 Million Series B
Photoneo Brightpick Group, the parent company of Photoneo, a leading provider of robotic vision sensors and intelligence software, and Brightpick, a leading provider of warehouse automation solutions for ecommerce and grocery order fulfillment, today announced it has raised an additional $19 million to complete a $40 million Series B. Taiwania Capital led this most recent round, which also included follow-on investments by prior Series B lead investors IPM Group and Alpha Intelligence Capital. Additional investors in this round include H&D Asset Management, Venture to Future Fund and Kolowrat Group. This round brings the company’s total capital raised since inception to $53 million.