Geek+
Founded Year
2015Stage
Series E | AliveTotal Raised
$533.61MValuation
$0000Last Raised
$100M | 1 yr agoAbout Geek+
Geek+ develops robotics technologies. It applies robotics and artificial intelligence (AI)-based technologies to help in operations for warehouses and supply chain management. The company was founded in 2015 and is based in Chaoyang District, China.
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ESPs containing Geek+
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The automated guided vehicles (AGVs) & autonomous mobile robots (AMRs) market offers solutions for automating material handling processes in manufacturing, distribution, and logistics centers. These solutions include software for building, deploying, and operating fleets of robots, as well as algorithms for autonomous navigation and perception in dynamic environments. The market also offers simula…
Geek+ named as Leader among 15 other companies, including Locus Robotics, Hai Robotics, and Seegrid.
Research containing Geek+
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Geek+ in 4 CB Insights research briefs, most recently on Jan 24, 2023.
Apr 22, 2022 report
Why retailers are prioritizing robotic fulfillment
Dec 3, 2020 report
Retail Tech 100 of 2020: The tech innovators transforming retailExpert Collections containing Geek+
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Geek+ is included in 6 Expert Collections, including Supply Chain & Logistics Tech.
Supply Chain & Logistics Tech
5,070 items
Companies offering technology-driven solutions that serve the supply chain & logistics space (e.g. shipping, inventory mgmt, last mile, trucking).
Unicorns- Billion Dollar Startups
1,227 items
Robotics
1,974 items
This collection includes startups developing autonomous ground robots, unmanned aerial vehicles, robotic arms, and underwater drones, among other robotic systems. This collection also includes companies developing operating systems and vision modules for robots.
Artificial Intelligence
10,944 items
Companies developing artificial intelligence solutions, including cross-industry applications, industry-specific products, and AI infrastructure solutions.
Retail Tech 100
200 items
The most promising B2B tech startups transforming the retail industry.
Advanced Manufacturing
4,348 items
Companies in the advanced manufacturing tech space, including companies focusing on technologies across R&D, mass production, or sustainability
Geek+ Patents
Geek+ has filed 18 patents.
The 3 most popular patent topics include:
- Nanoparticles
- Sewing
- Watercraft components
Application Date | Grant Date | Title | Related Topics | Status |
|---|---|---|---|---|
8/15/2016 | 6/30/2020 | Industrial gases, Gas technologies, Fluid dynamics, Burners, Pressure vessels | Grant |
Application Date | 8/15/2016 |
|---|---|
Grant Date | 6/30/2020 |
Title | |
Related Topics | Industrial gases, Gas technologies, Fluid dynamics, Burners, Pressure vessels |
Status | Grant |
Latest Geek+ News
Aug 29, 2023
Country scope Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States Report coverage Revenue forecast, company ranking, competitive landscape, growth factors, and trends Industry 4.0 transforms how companies manufacture, process, and distribute their products. They are incorporating new technologies such as the Internet of Things (IoT), robotics, analytics, AI, and machine learning into their facilities to boost operational and production efficiencies. Factory automation plays a crucial role in the automation of manufacturing processes to increase production output in minimal time and low labor costs. In addition, it helps improve product quality by minimizing the risk of human error. As a result, industries such as healthcare, automotive, and aerospace are proactively adopting factory automation solutions. In March 2023, ADLINK Technology Inc. launched its latest AMR with the SWARM CORE software platform that integrates the software and hardware for efficient material handling, warehousing, and shipping in smart manufacturing facilities. In the same month, Thira Robotics (South Korea) unveiled a new AMR for healthcare, manufacturing, and supply chain industries seeking to transform their operations with the advent of Industry 4.0. Therefore, the growing demand for automation in various industries propels the growth of the autonomous mobile robots market. The autonomous mobile robots market analysis is segmented into five major regions—North America, Europe, Asia Pacific, the Middle East & Africa (MEA), and South America (SAM). In 2022, Asia Pacific led the autonomous mobile robots market with a substantial revenue share, followed by Europe and North America. The Asia Pacific autonomous mobile robots (AMR) market is further segmented into Australia, China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Thailand, and the Rest of Asia Pacific. Asia is the world’s largest market for industrial robots. The installation of industrial robots increased by 33% in 2021 compared to 2022. The adoption of industrial robots in the electronics industry rose by 22% in 2021 compared to 2020, while that in the automotive, and metals & machinery industries increased by 57% and 29%, respectively. According to the International Federation of Robotics (IFR), China, Japan, and South Korea are among the top five most advanced robotics countries in terms of annual installations of industrial robots as of January 2023. Autonomous Mobile Robots Market Size: Type Based on type, the global autonomous mobile robots market is segmented into picking robots, self-driving forklifts, and autonomous inventory robots. Picking robots are used to automate picking products from storage shelves and transporting them to packing stations. This can help to improve efficiency and accuracy and reduce labor costs. The picking robot also increases output and profitability of production as well as automates monotonous tasks in the production process. These factors impact the employee’s health and safety. Directly Purchase this Report at https://www.theinsightpartners.com/buy/TIPRE00007096/ Autonomous Mobile Robots Market Analysis: Competitive Landscape and Key Developments KUKA AG, Milvus Robotics, Geekplus Technology Co Ltd, OMRON Corp, Clearpath Robotics Inc, Locus Robotics Corp, Move Robotic Sdn Bhd, Teradyne Inc, Kivnon Logistica SLU, and Boston Dynamics Inc are among the key autonomous mobile robots market players profiled in the report. Several other essential autonomous mobile robots market players were analyzed for a holistic view of the market and its ecosystem. The report provides detailed autonomous mobile robots market growth insights, which can help major players strategize their growth. Drivers: Restraints: Opportunities: Future Trends: Recent Developments: In 2023, OMRON Corporation launched its K7DD-PQ Series of advanced motor condition monitoring devices. The series is the latest addition to OMRON’s family of condition monitoring devices that automate the monitoring of abnormalities on the manufacturing site in place of human workers. In 2022, ABB Ltd, a leading automation company, built its innovative, fully automated, and adaptable robotics plant in Kangqiao, Shanghai, China. It had a 67,000 m2 production and research facility. The new factory and R&D center strengthened its automation and robotics leadership in China. Report Spotlights: Business growth strategies adopted by developed and developing markets Quantitative analysis of the autonomous mobile robots market from 2022 to 2030 Estimation of global demand for autonomous mobile robots PEST analysis to illustrate the efficacy of buyers and suppliers operating in the industry Recent developments to understand the competitive market scenario Market trends and outlook as well as factors driving and restraining the growth of the autonomous mobile robots market Assistance in the decision-making process by highlighting market strategies that underpin commercial interest, leading to the market growth Size of the autonomous mobile robots market size at various nodes Detailed overview and segmentation of the market, as well as the autonomous mobile robots industry dynamics Size of the autonomous mobile robots market in various regions with promising growth opportunities Go through further research published by The Insight Partners: (Purchase with 10% Instant Discount): Collaborative Robots Market Forecast to 2030 - COVID-19 Impact and Global Analysis Industrial Automation Market Forecast to 2028 - COVID-19 Impact and Global Analysis
Geek+ Frequently Asked Questions (FAQ)
When was Geek+ founded?
Geek+ was founded in 2015.
Where is Geek+'s headquarters?
Geek+'s headquarters is located at No. 30, Beiyuan Road, Chaoyang District.
What is Geek+'s latest funding round?
Geek+'s latest funding round is Series E.
How much did Geek+ raise?
Geek+ raised a total of $533.61M.
Who are the investors of Geek+?
Investors of Geek+ include Intel Capital, Vertex Growth, Qingyue Capital, SAP.iO Foundry Shanghai, CPE and 12 more.
Who are Geek+'s competitors?
Competitors of Geek+ include Magazino, Seegrid, Locus Robotics, Osaro, 6 River Systems, Berkshire Grey, Soft Robotics, Alert Innovation, Peer Robotics, Symbotic and 31 more.
- Predict emerging trends
- See competitors' playbooks
- Stalk the smart money
- Identify tomorrow's challengers
- Spot growing industries
- Kill analyst data work
Compare Geek+ to Competitors
Scallog offers an automated robotic solution for distribution in order to make warehouses more scalable and efficient.
GreyOrange operates a global technology company unifying artificial intelligence (AI)-driven software and mobile robotics. It modernizes order fulfillment and optimizes warehouse operations in real time. It uses advanced fulfillment science to instantaneously evaluate order data and compose the best decisions in real-time to efficiently orchestrate people, processes, and robots. GreyOrange was founded in 2012 and is based in Roswell, Georgia.
Locus Robotics designs and builds autonomous mobile robots that work collaboratively alongside workers in the logistics and fulfillment industries. It develops autonomous mobile robots that operate collaboratively with human workers to improve piece‐handling, case-handling, and pallet-moving productivity. The company was founded in 2014 and is based in Wilmington, Massachusetts.
OPEX Corporation offers solutions for high-speed mailroom automation, document imaging, and warehouse automation. Their automated warehouse system includes several components including a robotic, goods-to-person order picking technology for warehouses and distribution centers. Sure Sort is a robotic "each" or "piece" sorter that, per the company, handles complex variables and delivers a wide variety of items into a compact array of order bin locations in a single pass. In addition, they offer a "one touch" picking solution based on proven iBOT delivery technology.
inVia Robotics develops automation solutions for e-commerce fulfillment centers. Its system uses autonomous mobile robots to increase inventory accuracy and warehouse productivity. The company was founded in 2015 and is based in Thousand Oaks, California.
IAM Robotics develops automated manipulation technologies. The company gives robots the ability to see and manipulate everyday objects so they can be put to work in solving huge problems for customers. It was founded in 2012 and is based in Sewickley, Pennsylvania.
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