Gideon Brothers Zagreb, a robotics and AI solutions company, announced on August 9 a new investment from Deutsche Bahn Digital Ventures (DBDV), the venture capital arm of Deutsche Bahn Group, as part of the recent Series A financing round led by Koch Disruptive Technologies valued at €26.9 million, said the company in a press release.
The Series A investment will accelerate the development and commercialisation of Gideon Brothers’ AI & 3D vision-based autonomous mobile robots (AMRs) that automate horizontal and vertical material handling operations. The company is also expanding its manufacturing, sales, customer and marketing operations across key markets of the EU and United States, by opening offices in Munich, Germany and Boston, Massachusetts.
Gideon Brothers specialises in flexible automation of horizontal and vertical material-handling processes for logistics, manufacturing, retail, and warehousing businesses. With the company’s advanced mobile robots and complete software solutions for autonomous indoor and outdoor operations, Gideon Brothers helps businesses solve their most complex supply chain challenges: increasing customer expectations, rising logistics volumes and product variability, a growing variety of distribution channels, and ultimately, labour shortage, the company said.