• ITVI.USA
    15,120.480
    1,437.250
    10.5%
  • OTLT.USA
    2.890
    -0.059
    -2%
  • OTRI.USA
    19.060
    -0.620
    -3.2%
  • OTVI.USA
    15,092.390
    1,446.050
    10.6%
  • TSTOPVRPM.ATLPHL
    2.960
    0.380
    14.7%
  • TSTOPVRPM.CHIATL
    3.710
    0.160
    4.5%
  • TSTOPVRPM.DALLAX
    1.290
    -0.010
    -0.8%
  • TSTOPVRPM.LAXDAL
    3.720
    0.010
    0.3%
  • TSTOPVRPM.PHLCHI
    2.240
    0.100
    4.7%
  • TSTOPVRPM.LAXSEA
    4.160
    0.060
    1.5%
  • WAIT.USA
    132.000
    -5.000
    -3.6%
  • ITVI.USA
    15,120.480
    1,437.250
    10.5%
  • OTLT.USA
    2.890
    -0.059
    -2%
  • OTRI.USA
    19.060
    -0.620
    -3.2%
  • OTVI.USA
    15,092.390
    1,446.050
    10.6%
  • TSTOPVRPM.ATLPHL
    2.960
    0.380
    14.7%
  • TSTOPVRPM.CHIATL
    3.710
    0.160
    4.5%
  • TSTOPVRPM.DALLAX
    1.290
    -0.010
    -0.8%
  • TSTOPVRPM.LAXDAL
    3.720
    0.010
    0.3%
  • TSTOPVRPM.PHLCHI
    2.240
    0.100
    4.7%
  • TSTOPVRPM.LAXSEA
    4.160
    0.060
    1.5%
  • WAIT.USA
    132.000
    -5.000
    -3.6%
E-commerce & FulfillmentModern ShipperNewsRecent NewsTechnology

Geek+ surpasses 20,000 autonomous robots

With operations in 30 countries, warehouse automation company continues rapid growth

Autonomous mobile robotics (AMR) company Geek+ announced it has now sold 20,000 robots across the globe.

The Beijing-based company has automated warehouses for the likes of Circle K, Walmart, Nike, Decathlon and more in the past two years. It opened U.S. offices in February 2020 and now operates in 30 countries.

“In past months, we’ve seen worldwide curiosity turn into action with numerous business leaders deciding to invest in intelligent automation,” said Yong Zheng, Geek+ founder and CEO. “For us, the rapid growth demonstrates our R&D team’s ability to develop world-class solutions and signals future opportunities to gather more industry know-how. Our goal is to improve our customers’ operation management and continue to drive change using advanced robotics and strong AI.” 

Founded in 2015, Geek+ provides autonomous robots but also technologies designed to automate logistics operations. AMRs are the evolved versions of the automated guided vehicles (AGVs) that have been in the industry for a few decades. AGVs typically are used for repetitive tasks in a warehouse, like relaying materials and fetching products. AGVs are not intelligent and thus completely dependent on humans to determine their routes. AMRs, though, use artificial intelligence to intuitively understand a warehouse floor, updating their databases in real time on the constant changes within inventories. AMRs can collaborate and work in tandem with other intelligent warehousing systems, helping warehouses run operations without hiccups even during the peak demand season.

The Geek+ product line includes goods-to-person picking robots, bin-to-person RoboShuttles and sorting, moving and lifting robots.

“We are not just an AMR provider but a long-term automation partner that continuously optimizes the operations of our customers,” Zheng noted. “It is done by strengthening our local service capabilities but also by simply analyzing robots in action and using the data gathered to optimize the algorithm powering our robots. It helps customers overcome logistics bottlenecks and gain short- and long-term efficiency improvements, allowing them to grow and expand their business.”

In June 2020, Geek+ announced the closing of a $200 million Series C investment round led by GGV Capital, D1 Capital Partners along with Warburg Pincus. Total funding in the company is $439.4 million across six rounds, according to Crunchbase.

The company employs 1,500 people worldwide and operates its own fully automated robot manufacturing factory and a third-party logistics company so it can leverage and learn from its solutions.

Click for more Modern Shipper articles by Brian Straight.

You may also like:

Social Auto Transport raises $1.5M in seed funding to expand gig economy auto-moving business

Bringg’s collaboration with Uber opens new doors for e-commerce

Walmart to begin drone delivery pilot this summer

Brian Straight, managing editor, Modern Shipper

Brian Straight leads FreightWaves' Modern Shipper brand as Managing Editor. A journalism graduate of the University of Rhode Island, he has covered everything from a presidential election, to professional sports and Little League baseball, and for more than 10 years has covered trucking and logistics. Before joining FreightWaves, he was previously responsible for the editorial quality and production of Fleet Owner magazine and fleetowner.com. Brian lives in Connecticut with his wife and two kids and spends his time coaching his son’s baseball team, golfing with his daughter, and pursuing his never-ending quest to become a professional bowler. You can reach him at bstraight@freightwaves.com.

We are glad you’re enjoying the content

Sign up for a free FreightWaves account today for unlimited access to all of our latest content

By signing in for the first time, I give consent for FreightWaves to send me event updates and news. I can unsubscribe from these emails at any time. For more information please see our Privacy Policy.