menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Funding News

>

Contoro pi...
source image

The Robot Report

1w

read

162

img
dot

Contoro picks up $12M to scale container unloading robots

  • Contoro Robotics has secured $12 million in Series A funding to expand its AI-powered robots for unloading trailers and containers, aiming to automate the physically demanding task and improve efficiency.
  • The company utilizes a human-in-the-loop model for robotic unloading, achieving high success rates in handling floor-loaded containers and addressing challenges posed by various box sizes and shifting loads.
  • Contoro employs custom AI models, innovative grippers, and HITL oversight to enhance the unloading process, with its robots capable of learning autonomously with minimal human intervention.
  • The company's Duo-Grasp system enables secure handling of diverse box sizes and weights, with the ability to lift heavy loads required in industries like furniture and home appliances.
  • Investors like Doosan, Coupang, and Amazon Industrial Innovation Fund have participated in Contoro's Series A funding round, recognizing the potential of robotic solutions in addressing labor shortages and operational challenges.
  • Contoro's approach has shown promising results in doubling unloading speed, reducing manual labor dependency, and saving labor hours for customers, with plans to expand deployments across various logistics markets.
  • The company's unique pay-per-container pricing model enhances adoption ease, making automation an appealing alternative, especially for businesses with seasonal demand fluctuations.
  • Contoro intends to manufacture more robots, expand into new logistics sectors, and introduce its AI-driven palletizing system, with a focus on improving warehouse efficiencies and operational productivity.
  • The success and positive reception of Contoro's robots indicate a promising future for the automation market, with plans for rapid deployment in the U.S. logistics sector.

Read Full Article

like

9 Likes

For uninterrupted reading, download the app