Eve Atlas, Tech Square Ventures, Hyde Park Venture Partners, Overline and Pathbreaker Ventures participated in the investment round led by DCVC.
Slip Robotics, a provider of automated truck loading robots as a service, has raised $28 million in a Series B investment round. Eve Atlas, Tech Square Ventures, Hyde Park Venture Partners, Overline and Pathbreaker Ventures participated in the investment round led by DCVC.
With this investment round, the total amount of investment the company received increased to 45 million dollars. As a result of the investment round, James Hardiman from DCVC joined Slip Robotics’ board of directors. Slip Robotics will use the investment to expand its operations and development efforts.
Founded in 2020 by Chris Smith, Dennis Siedlak and John Jakomin, Slip Robotics is moving forward under the leadership of CEO Chris Smith. Based in Atlanta, Slip Robotics uses SlipBot autoloading robots to give people the ability to auto-load and auto-unload any truck in 5 minutes. For this, the startup has developed a robot-as-a-commercial-service business. The business combines automation software with large floor-like robotic platforms that can hold 10 pallets and carry loads of up to 12,000 pounds.
According to the company, these robots, called SlipBot, can overcome uneven floors. Likewise, SlipBot can navigate routes from the warehouse floor to the truck trailer. Three SlipBots, which can carry about 36,000 pounds of payload, can fit in a truck trailer. When the truck reaches its destination, the SlipBots disembark. The robots-as-a-service network delivers improvements in safety, speed and savings throughout the supply chain. Companies utilizing Slip Robotics include John Deere, GE Appliances, Nissan and Valeo in North America.
