Fetch Robotics
1961 Concourse Dr, San Jose, CA, 95131, United States
Overview
Fetch Robotics develops autonomous modular robotics and a cloud platform to automate tedious warehouse and logistics tasks. The company sells Autonomous Mobile Robots and its Cloud Robotics solution to warehouse operators as an alternative to in-house automation. Fetch plans to use new funding to expand internationally, increase production to meet customer demand, and invest in additional research and development. The company is San Jose–based and was founded in 2014 by CEO Melonee Wise, a Willow Garage alumnus. Fetch has positioned itself as a primary alternative to in-house plays like Amazon Robotics in a booming warehouse automation market. The round brings its total funding to $94 million, supporting continued commercial growth. Fetch Robotics develops a system of autonomous robots for logistics, including a mobile base called Freight and a mobile manipulator called Fetch, plus docking and software to integrate with warehouse environments. The robots are designed to work alongside human workers to perform repetitive tasks such as warehouse delivery, pick-and-pack, and continuous autonomous operations via charging docks. The company unveiled its system in April and is targeting warehouses and fulfillment centers facing growing e-commerce and just-in-time logistics demands. Fetch plans to use new capital to expand sales and marketing to meet accelerating demand. Financially, Fetch completed a $20 million Series A that brings total funding to date to $23 million. The company was founded in 2014 and is headquartered in San Jose, CA. Fetch Robotics develops mobile robots for the logistics, light industrial, and human-robot collaboration markets. The company plans to bring its inaugural robots to market and will leverage ROS, the open-source Robot Operating System, in those products. Fetch raised $3 million in Series A financing to fund commercialization of its first robots. The first robots are scheduled for introduction in Q2 of this year. Melonee Wise has been named CEO and brings roughly 15 years of robotics experience, including roles at Unbounded Robotics and Willow Garage. Fetch was founded in 2014 and is headquartered in San Jose, CA.
- Total raised
- $69M
- Funding rounds
- 3
- Latest round
- Series C
- Latest activity
- Jul 2019
Industries
- Industrial Automation
- Life Science
- Mobile
- Robotics
- Supply Chain Management
- Warehousing
Recent funding
Series C
Jul 2019
$46M
Series A
Jun 2015
$20M
Series A
Feb 2015
$3M