BMW i Ventures announces investment in Plus One Robotics
Home » News » BMW i Ventures announces investment in Plus One Robotics
BMW’s strategic investment arm, BMW i Ventures, announced a new stake in a new company this week. This time, it was Plus One Robotics who found itself at the other end of the investment made by BMW i Ventures. The US-based company is a leading provider of vision software for logistics robots and BMW hopes that its know-how and technology will help it automate its supply chain and logistics.
Plus One Robotics was co-founded by industry veterans including CEO Erik Nieves. It deploys technology enabling any robot hardware to intelligently and autonomously complete monotonous logistics tasks, such as package sorting and depalletization. Plus One also incorporates a “human-in-the-loop” approach that leverages human intelligence to handle exceptions for the variety of items passing from dock to door.