Fetch Robotics, a San Jose-based startup raised $25 million in Series B funding. This round, headed up by Sway Ventures, brings the company’s total funding to $48 million. Shasta Ventures, Softbank, and O’Reilly AlphaTech Ventures participated in this round as well.
Fetch’s robots are meant for supply chain applications. Different robots are able to perform different tasks in factories and warehouses, like moving boxes around buildings, for example. Other robots can collect data automatically. Hardware aside, the software is cloud-based and offers a selection of applications for the robots to use, and produces data for consumers to base decisions on.
The system lets the robots collaborate with warehouse workers. There are touch screens on the robots that employees can use to enter commands. Workers are also the ones who train the robots, walking one around the warehouse to establish where it may and may not go.
The cloud-based software lets all robots be trained after one has been. They can then move around without additional human input.
The fact that these robots can collaborate with people in warehouses might be a solution to the fact that e-commerce sites struggle to find enough workers. In high order seasons like the holidays, robots can help workers keep up with the demand.