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There’s no doubt that smart machines working alongside humans are the future in almost every industry, but each vertical has its own unique opportunities and challenges. The variability of tasks in a warehouse is extensive so any robotics and automation are going to need to accommodate a variety of layouts, job types, and customer workflows. And that’s where Third Wave Automation comes in.
Their tagline of “putting AI to work and keeping humans in the loop” speaks to the functional breadth of their Shared Autonomy Platform. The TWA forklifts can operate autonomously or seek help from remote operators who can take control from the safety of their office. And they’re also able to operate in four modes: fully autonomous, remote assist, remote operation and traditional manual operation. Combine innovations around machine learning and mapping, and these forklifts integrate seamlessly into any warehouse management system.
With all of this technology - and customer success - it’s not surprising that Third Wave Automation continues to attract capital, now with an additional $27 million round, led by Woven Capital, Toyota’s growth fund.
Congrats to the Third Wave Automation team!