- XSQUARE raised $7.8M for warehouse automation solutions.
- It offers autonomous robots, AI software integrated systems.
- Funding accelerates regional expansion, development plans.
XSQUARE Technologies, a Singapore-based startup, has secured a 10.5M SGD ($7.8M) Series A funding round.
This company is shaking up the warehouse scene by bringing cutting-edge solutions like autonomous forklifts to optimize efficiency and tackle those pesky labor shortages.
Automating at your own pace
XSQUARE understands warehouses are under pressure to streamline operations while the labor pool keeps shrinking.
Their approach? Tailoring automation solutions to each client’s unique groove, holding their hand through the transition process, and providing ongoing support to keep that automation party going.
Robots and AI crash the warehouse workforce
At the heart of XSQUARE’s offerings are rad autonomous machines like stackers, tow-tractors, and forklifts. They’ve even partnered with Mitsubishi Logisnext to co-develop and distribute a fresh line of Automated Guided Vehicles (AGVs).
And let’s not forget XSQUARE’s AI-powered warehouse control software, integrating seamlessly with existing equipment and acting as a command center for managing all those automated tasks.
With this massive $7.8M cash injection, XSQUARE is ready to put the pedal to the metal. The plan? Accelerating regional expansion, scaling up operations, and doubling down on product development.
This funding round is setting the stage for XSQUARE to revolutionize warehouse automation across the logistics kingdom!
