San Antonio's Plus One Robotics is a winner in rush to automate amid pandemic
Apart from adding space, the tech firm has beefed up its staff count over the past year...
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Apart from adding space, the tech firm has beefed up its staff count over the past year...
/ 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...
Robotic vision startup Plus One raises $33M San Antonio-based Plus One Robotics today announced a $33 million Series B. The round follows an $8.3 million Series A announced in 2018 and brings the company’s total funding to north of $40 million. The round, led by McRock Capital and TransLink Ventures, features BMWi Ventures, Kensington Capital Partners and Ironspring Ventures, along with existing investors. Launched in 2016, the company is primarily focused on computer vision software for robotics in logistics and warehouse settings — clearly a hot category as more companies look to automa...
San Antonio robotics company Plus One is expanding FacebookTwitterEmail Zohair Naqui checks the positioning of lights over a machine as Plus One Robotics employees work on tuning operations of warehouse robots on April 16, 2020.Tom Reel, San Antonio Express-News / Staff photographer A San Antonio company that helps robots “see” is looking to expand after raising $33 million from investors. The funding round is the latest win for Plus One Robotics after strong business growth throughout 2020. This year, it doubled the size of its Port San Antonio facilities. McRock Capital of Calgary, Cana...