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Money, talent and serendipity

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Robocity, USA? With the rise of robots in San Antonio, we're heading that way

Robocity, USA? With the rise of robots in San Antonio, we re heading that way
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LightStrike Germ-Zapping Robots are ready for shipment at Xenex, Tuesday, Jan. 19, 2021. The company recently moved into their new location north of the San Antonio International Airport. The company has sold the robots, that use UV rays to kill germs, to the San Antonio Spurs, hospitals throughout the country and the Texas State Capitol.Jerry Lara, Staff / San Antonio Express-News
Robots are rising in San Antonio.
That may sound like a cheerleader’s refrain from economic development talking points, but when it comes to robots, San Antonio keeps winning. ....

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BMW i Ventures announces investment in Plus One Robotics

BMW i Ventures announces investment in Plus One Robotics
Home » News » BMW i Ventures announces investment in Plus One Robotics
BMW’s strategic investment arm, BMW i Ventures, announced a new stake in a new company this week. This time, it was Plus One Robotics who found itself at the other end of the investment made by BMW i Ventures. The US-based company is a leading provider of vision software for logistics robots and BMW hopes that its know-how and technology will help it automate its supply chain and logistics.
Plus One Robotics was co-founded by industry veterans including CEO Erik Nieves. It deploys technology enabling any robot hardware to intelligently and autonomously complete monotonous logistics tasks, such as package sorting and depalletization. Plus One also incorporates a “human-in-the-loop” approach that leverages human intelligence to handle exceptions for the variety of items passing from dock to door. ....

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

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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. ....

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

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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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