1M ROBOTICS

1M ROBOTICS

Verified
Develops robotic nano-fulfillment centers, creating the next-gen dark stores. Learn more

Launch date
Employees
Market cap
-
Net debt
-
Enterprise valuation
$66—99m (Dealroom.co estimates Sep 2022.)
Cambridge Massachusetts (HQ)
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round
investor investor investor

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round
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$16.5m

Series A
Total Funding000k

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1M Robotics is a cutting-edge startup that offers an automated pick-and-pack system for fulfillment operations. The company's solution is designed to support businesses of all sizes, with the capacity to handle up to 400 units and a picking time of just 9-12 seconds per item. This makes it an ideal choice for businesses that need to process large volumes of orders quickly and efficiently.

The company's system is highly versatile, with multi-temperature zone coverage and the ability to handle products of any shape or form. This means it can be used in a wide range of industries, from food and beverage to retail and e-commerce. The system is also easily configurable, allowing it to support ambient down to frozen items.

1M Robotics operates in the logistics and supply chain market, offering a turnkey solution for businesses that need to streamline their fulfillment operations. The company's business model is based on selling its automated system to businesses, which can then use it to improve their efficiency and reduce their costs.

The company's system is also designed to be easily scalable, with modular sizing that can fit into any space. This means businesses can expand their operations as needed, without having to invest in new infrastructure. The system can also be deployed in any retail real estate footprint, whether in-store or store-adjacent, making it a flexible solution for businesses of all types.

1M Robotics also offers an AI-powered management dashboard, which provides businesses with inventory tracking, live reporting, demand forecasting, and replenishment alerts. This makes it easy for businesses to manage their operations and ensure they are always stocked and ready to meet customer demand.

Keywords: Automation, Fulfillment Operations, Logistics, Supply Chain, Scalable, AI-Powered Management, Inventory Tracking, Demand Forecasting, Replenishment Alerts, Turnkey Solution.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.