Brightpick, a provider of advanced warehouse automation solutions, and winner of the Best Use of Robotics or Automation in Healthcare Award at the Robotics & Automation Awards 2024, has raised $12 million in a new round of funding that combines both equity and debt.
The round saw participation from EBRD Venture Capital, along with existing investors including Pavel Baudiš and Eduard Kučera, the founders of Avast; Miroslav Trnka, founder of ESET; Maximilian Kolowrat-Krakowsky; and Juraj Duriš.
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Founded in 2021 as a spin-off from Photoneo, a provider of 3D robotic vision and intelligence software, Brightpick has grown rapidly, now employing more than 200 staff members and deploying more than 300 AI-driven robots across the United States and Europe.
The company serves major clients such as Rohlik Group, The Feed, and Dr. Max, with which it won the Robotics & Automation Award with.
To date, Photoneo has invested over US$35 million into Brightpick, and this latest funding round brings the company’s total investment to US$47 million.
The new capital will primarily be directed towards expanding the deployment of Brightpick’s AI-powered robots in the US, a market expected to account for 50% of the company’s revenue in 2024.
Jan Zizka, CEO and co-founder of Brightpick, said: “Since launching Brightpick Autopicker early last year, we’ve experienced tremendous interest from new customers.
“Since launching Brightpick Autopicker early last year, we’ve experienced tremendous interest from new customers.”
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