Amazon acquires robotics startup firm Canvas Technology

Amazon has acquired robotic start-up company Canvas Technology as it seeks to further expand its autonomous capabilities and introduce yet more robots to its supply chain.

According to TechCrunch, the online retailer has confirmed its acquisition of the Colorado based technology company, which specialises in creating autonomous carts warehouses and distribution centres.

This makes sense for Amazon, which already has around 100,000 autonomous systems active in over 25 distribution centres and is increasingly reliant on robotic aides to ensure its vast distribution network runs efficiently.

Canvas, which recently raised $15 million (£11.4 million) in a Series A funding round, utilises a built-in autonomous vision system to ensure its carts act like self-driving cars, recognising obstacles, other robots and human workers to avoid collisions.

READ MORE: Walmart to introduce thousands more robots instore

No details of the acquisition have been made public, but an Amazon spokesperson told TechCrunch: “We are inspired by Canvas Technology’s innovations, and share a common vision for a future where people work alongside robotics to further improve safety and the workplace experience.

“We look forward to working with Canvas Technology’s fantastic team to keep inventing for customers.”

Click here to sign up to Charged free daily email newsletter

AutomationDelivery / Supply ChainNews

RELATED POSTS

Leave a Reply

Your email address will not be published. Required fields are marked *

Fill out this field
Fill out this field
Please enter a valid email address.

Menu

SUBSCRIBE TO OUR NEWSLETTER

Sign up to our daily newsletter to get all the latest retail tech news and insights direct to your inbox.

  • This field is for validation purposes and should be left unchanged.