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IPO market reopens with a vengeance as 15-plus Canadian companies look to go public, including Q4, Coveo

IPO market reopens with a vengeance as 15-plus Canadian companies look to go public, including Q4, Coveo
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Plus One Robotics Expands with $33M Series B Funding

ipopba - stock.adobe.com Plus One Robotics has raised $33 million in a Series B funding, with McRock Capital and Translink Capital leading the round. BMW i Ventures, Kensington Capital Partners, Perot Jain, and Ironspring Ventures also participated in the round. The new funds will directly support Plus One’s expansion in the U.S. and Europe, as well as continued product development. “We’re fortunate to work with customers at the leading edge of warehouse automation who share our values of ‘Robots Work. People Rule.’ Like our clients, our investors have a global footprint representing Asia and the EU as well as North America. This potent combination sets Plus One on a course to continue growing our international installed base,” says CEO and co-founder Erik Nieves.

Plus One Robotics Raises $33M For Human-Robot Collaboration Software

Share: Plus One Robotics, a human-robot collaboration software company headquartered in San Antonio, has announced this week $33 million in Series B funding led by McRock Capital and Translink Capital, with participation from BMW i Ventures, Kensington Capital Partners, Perot Jain and Ironspring Ventures. The company has raised a total of $43.6 million since 2018. We re fortunate to work with customers at the leading edge of warehouse automation who share our values of ‘Robots Work. People Rule. Like our clients, our investors have a global footprint representing Asia and the EU as well as North America. This potent combination sets Plus One on a course to continue growing our international installed base, said co-founder and CEO Erik Nieves in the release.

Plus One Robotics

Plus One Robotics, a human-robot collaboration software company headquartered in San Antonio, has announced this week $33 million in Series B funding led by McRock Capital and Translink Capital, with participation from BMW i Ventures, Kensington Capital Partners, Perot Jain and Ironspring Ventures. Read More. Don t Miss Any Updates! News Directly in Your Inbox Subscribe to:

Port San Antonio s Plus One Robotics Hauls In $33 Million In Funding Round

/ Testing at Plus One Robotics Three years ago when Plus One was just a dozen or so employees working out of a small Port San Antonio office, they were thrilled to announce more than $8 million in Series A funding. In three years they have more than tripled that with $33 million from many of those same funders and some new ones including BMW. The company builds vision software for robotic arms. It teaches robots to see. Those robots pick, pack and and ship items as part of the trend of warehouse automation. In the era of pandemic ecommerce, there’s a lot of things being shipped and a lot of warehouses being built. Their customers want to use automation to ensure they can always meet the demand even through ongoing labor shortages of the high employee-churn industry.

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