Press Release Fox Robotics has announced that its installed base of FoxBot autonomous trailer loader/unloaders (ATL) has unloaded over 2.5 million pallets since the company introduced it in 2019. Fox Robotics nearly tripled its annual recurring revenue (ARR) from 2022…
BMW i Ventures announced its lead investment in Fox Robotics, developers of the first intelligent forklift that can autonomously unload pallets from the trailer to the receiving dock. The oversubscribed funding round totals $20 million. Additional new investors include Zebra Technologies, Japan Airlines & Translink Innovation Fund and Foothill Ventures..
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