Masaya Aso has spent many years working on autonomous driving technology, and he has found that there is a lot of work still to be done before we can fully rely on self-driving cars. One of the most important tasks is teaching machines how to handle manual tasks, such as moving goods around a warehouse.
LexxPluss is a Japan-based startup that designs and develops autonomous mobile robots to transport loads and optimize workflows within warehouses and logistic sites. These robots can save companies time and money by freeing up employees to do other tasks, while also minimizing the risk of accidents.
According to the press release, the company plans to “focus on delivering driverless trucking services in North America.” The move into the United States comes as Aso sees an opportunity in growing his company’s market share at a time when many have been hesitant to invest in autonomous vehicles.
Drone Fund has successfully led the latest financing round for SOSV’s HAX, Incubate Fund, SBI investment and DBJ Capital. The round consisted of investments totaling $8.5 million which will be used to support innovative technology startups across Europe. The aim of the Drone Fund is to support early-stage companies that are making significant advances in drone technology and its applicability across
LexxPlus’ use of its strategic relationships with Japanese firms and the pending arrival of autonomous mobile robots in the United States will give it a leg up on competitors in this growing market.
The Series A round of funding will likely help the company focus on high-demand features such as payload increases and introducing a digital twin feature to its platform. With this new capital, Amazon looks to continue expanding its reach into the e-commerce space, and further solidify its position as a leading player in the market.
OTTO Motors, OMRON and Locus Robotics are some of the top autonomous mobile robots companies in the world. OTTO Motors has developed a larger payload compared to its rivals and offers an easier maintenance and integration process. OMRON, on the other hand, focuses on consumer grade autonomous robots while LexxPluss develops high-capacity industrial grade robots. All three companies have faced criticism for their closed IP policies in comparison to some of their competitors who have made efforts to open up their technologies.
One potential benefit of AsoWare’s technology is that it can be used to disclose a great deal of technical information about their products. This openness leads to easier collaboration between partners, as they can understand how the technology works and how it can be deployed and used in their businesses. Additionally, this approach maximizes product transparency and makes it easy for partners to maintain the technology themselves.
The company’s growth strategy depends on the willingness of industrial robotics companies to share their technical information with it in order to collaborate more efficiently.
Since its launch in 2014, the startup has generated significant sales through a monthly subscription model or half upfront and half monthly subscription fee. In order to sustain this growth, the company is currently expanding its marketing efforts by launching new platforms aimed at different customer segments. For example, it is targeting those who are interested in preventive health care with a new service that offers personalized insights on diet and fitness.
Given this market opportunity, the company’s investors see it as a good chance to snag a meaningful share of the autonomous mobile robots market. The company is well positioned to capitalize on this growth trend, and its innovative technologies should put it in a strong position to win over customers.
With a strong pedigree in the industrial robotics and automotive sectors, LexxPluss enjoys an advantage over other warehouse automation companies when it comes to technology. This ensures that their solutions are reliable and optimized for certain industries, which makes them a preferred choice for businesses of all sizes.
The firm’s experience in the U.S. market will be a key advantage as they strive to create seamless integrations with various software programs. With decades of technical expertise and a track record of success, the team at Blue Spring will be sure to meet the needs of their customers in this important market.
