EBRD Venture Capital
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.