Phinxt Robotics provides a platform that enables any type of robot to collaborate, creating autonomous ecosystems for warehouses and entire supply chains. The platform coordinates robots on the edge and is built to easily add new robots at low cost. Phinxt uses a per-robot leasing model to lower adoption costs and help customers get the best-fitting robots. Starting with warehouse automation, the company says ecommerce providers can double their profit margins and 4X their productivity. Its longer-term vision includes autonomous vehicles and drones self-directing and collaborating on the edge to expand usability and scalability of autonomous machines. Phinxt is led by CEO Yanwen Chen and Quirino Zagarese and recently raised funding to support expansion and development efforts.

Total raised

$3M

Funding rounds

1

Latest round

Equity

Latest activity

Aug 2024