EDGE
  • home.svg
    Home
  • news.svg
    All updates
  • news.svg
    EDGE Insights
  • list.svg
    Industries
  • db-search.svg
    Company Search
  • company-list.svg
    My Watchlists (Beta)
All Updates

All Updates

icon
Filter
Geographic expansion
Indian robotics and automation provider Addverb Technologies enters US market
Retail Industry Robots
Feb 15, 2022
This week:
Funding
EKORE raises EUR 1.3 million (~ USD 1 million) in seed funding to strengthen platform
Digital Twin
Yesterday
Funding
Culina Health raises USD 7.9 million in Series A funding to expand offerings and expand team
Functional Nutrition
Dec 19, 2024
FDA approval
ViGeneron receives IND clearance for VG801 gene therapy
Cell & Gene Therapy
Dec 19, 2024
Product updates
Reflex Aerospace ships first commercial satellite SIGI
Next-gen Satellites
Dec 19, 2024
Partnerships
Vast partners with SpaceX for two private astronaut missions to ISS
Space Travel and Exploration Tech
Dec 19, 2024
Management news
Carbios appoints Philippe Pouletty as interim CEO amid plant delay
Waste Recovery & Management Tech
Dec 19, 2024
Funding
BlueQubit raises USD 10 million in seed funding to develop quantum platform
Quantum Computing
Dec 19, 2024
FDA approval
Arbor Biotechnologies receives FDA clearance for ABO-101 IND application
Human Gene Editing
Dec 19, 2024
Partnerships
‧
Funding
Personalis partners with Merck and Moderna for cancer therapy development and investment
Precision Medicine
Dec 19, 2024
Partnerships
COTA partners with Guardant Health to develop clinicogenomic data solutions for cancer research
Precision Medicine
Dec 19, 2024
Retail Industry Robots

Retail Industry Robots

View industry hub
Feb 15, 2022

Indian robotics and automation provider Addverb Technologies enters US market

Geographic expansion

  • Addverb Technologies, a developer of automation solutions for retail and warehouses based in India, has announced its expansion into North and South American markets, through a subsidiary established in Texas, following a USD 132 million series B funding from Indian conglomerate Reliance Industries last month. 

  • The company also plans to set up an experience center in San Diego to help customers develop automation use cases for their businesses. 

  • The US subsidiary office will be led by CEO of Addverb Technologies USA Inc. Mark Messina, who brings in more than 20 years of experience in building, developing, and scaling engineering operations. 

<ul><li> Analyst QuickTake: With this expansion, Addverb joins a handful of startups offering automated micro-fulfillment solutions in the US including Alert Innovation , Fabric, and Takeoff Technologies . It will also compete with more established incumbents such as Dematic, Ocado, and AutoStore, which offer similar automation solutions.</ul>

Contact us

Gain access to all industry hubs, market maps, research tools, and more
Get a demo
arrow
menuarrow

By using this site, you agree to allow SPEEDA Edge and our partners to use cookies for analytics and personalization. Visit our privacy policy for more information about our data collection practices.