• Topics
    • AI & Big Data
    • AR & VR
    • Blockchain
    • Clean Technology
    • Content & Games
    • Cybersecurity
    • Enterprise & SaaS
    • FinTech
    • Gadgets & Electronics
    • Health & Bio
    • IoT
    • Marketplaces & E-commerce
    • Robotics
    • Transportation & Logistics
    • Investments
    • Ecosystem & Lists
  • Interviews
  • Events
    • ComeUp
    • NextRise
  • Governments
    • KISA
    • KISED
    • KOCCA
    • KOTRA
    • MSS
    • NIPA
    • SBA
    • SFL
  • Programs
    • SGSC Global Bootcamp 2021
    • LAUNCHPAD
    • COMEUP STARS 120
    • K-Startup Grand Challenge
    • TIPS X beSUCCESS Global Project
    • SFL Global Program
  • Investment Opportunities
    • SGSC Demo Day
    • Launchpad France Demoday
    • TIPS Global Demoday
    • Launchpad USA Demoday
    • Launchpad Indonesia Demoday
  • Submit an Article
  • register
  • login
KoreaTechDesk
No Result
View All Result
KoreaTechDesk
No Result
View All Result
Home AI & Big Data

B Garage’s autonomous drone driven warehouse management service attracts investors

chloe kim by chloe kim
December 14, 2021
in AI & Big Data
0
B Garage operates warehouse management service with autonomous drones.

B Garage operates warehouse management service with autonomous drones.

0
SHARES
389
VIEWS
Share on FacebookShare on Twitter

Autonomous technology is taking over the business world as investors are keen on tech-driven startups. Korean startup B Garage, a warehouse inventory management service developer that uses autonomous flying drones, has attracted an investment of 8 billion won or USD 6.7 million. SoftBank Ventures announced that it had invested a 4.1 billion won in B Garage. IMM Investments and Bon Angels were other investors in the Series A round.

B Garage was founded by Kim Young-joon, a graduate of Stanford University’s Artificial Intelligence ( AI ) Lab. The company’s warehouse inventory management solution simultaneously provides monitoring software and drone hardware. It automates the task of several workers walking through a large warehouse space, climbing high shelves, and counting inventory information. B Garage’s drones use camera vision technology to autonomously fly without separate beacons, markers, and mapping so that they can be operated without any changes to an existing structure.

Company to expand global business

B Garage is currently collaborating with the top 10 logistics and warehouse companies in the United States ahead of commercial service in 2022. “As a pioneer in the commercial autonomous flying drone market, we will provide integrated warehouse management services for global customers,” said Kim Young-joon, CEO of B Garage.

Jin Yun-jeong, managing director of SoftBank Ventures, said, “As the demand for logistics warehouses is rapidly increasing due to the growth of the e-commerce market accelerated by the Coronavirus, problems such as shortage of manpower and inefficiency due to frequent errors in the existing logistics and warehouse industry are getting more attention. We expect B Garage to solve these challenges and lead logistics innovation through warehouse inventory management automation technology.”

What’s your thoughts?
+1
0
Upvote
+1
0
Clap
+1
0
Clap
+1
0
On fire
+1
0
Meh
+1
0
Clap
+1
0
Tags: Autonomous DronesB GarageKorean StartupSoftbank venturesWarehouse inventory management
Previous Post

Socar’s Super App strategy step; acquires 100% stake in ‘Everyone’s Parking Lot’  

Next Post

Metaverse startup Spatial that creates spaces for artists & creators attracts investment

Next Post
Spatial

Metaverse startup Spatial that creates spaces for artists & creators attracts investment

0 0 votes
Article Rating
Subscribe
Login
Notify of
Please login to comment
0 Comments
Inline Feedbacks
View all comments
No Result
View All Result

Follow Us

FREE NEWSLETTER




PRODUCTS

Most Popular

  • Top Korean Dating apps that can help you make new connections in South Korea

    12 shares
    Share 12 Tweet 0
  • 10 K-Dramas to watch for some ‘money matters’

    0 shares
    Share 0 Tweet 0
  • Top 3 Websites where you watch Korean drama & movies

    12 shares
    Share 12 Tweet 0
  • Korean Ministry selects 60 promising startups for the ‘Baby Unicorn’ project 2022

    0 shares
    Share 0 Tweet 0
  • Korean Webtoon companies that are giving the audience addictive content

    15 shares
    Share 0 Tweet 0
  • 13 Reasons Why Seoul is the best city for startups to launch their business 

    0 shares
    Share 0 Tweet 0
  • Three Restaurant Apps to try out for a fine dining experience in South Korea  

    9 shares
    Share 9 Tweet 0
  • Proptech startup Zigbang receives $27 million investment from VC Association fund

    0 shares
    Share 0 Tweet 0
  • Korean healthcare startup VNTC gets investment from YouTube founder Steve Chen

    0 shares
    Share 0 Tweet 0
  • Korean AI-Medical startup Lunit IPO to debut on KOSDAQ in July 

    0 shares
    Share 0 Tweet 0
  • Facebook
  • Instagram
  • LinkedIn
  • Twitter

Copyright © 2021 KoreaTechDesk | About Us | Sponsorships| Terms of Use |Privacy Policy |Cookie Policy Contact: [email protected] DMCA.com Protection Status

No Result
View All Result
  • Topics
    • AI & Big Data
    • AR & VR
    • Blockchain
    • Clean Technology
    • Content & Games
    • Cybersecurity
    • Enterprise & SaaS
    • FinTech
    • Gadgets & Electronics
    • Health & Bio
    • IoT
    • Marketplaces & E-commerce
    • Robotics
    • Transportation & Logistics
    • Investments
    • Ecosystem & Lists
  • Interviews
  • Events
    • ComeUp
    • NextRise
  • Governments
    • KISA
    • KISED
    • KOCCA
    • KOTRA
    • MSS
    • NIPA
    • SBA
    • SFL
  • Programs
    • LAUNCHPAD
    • COMEUP STARS 120
    • K-Startup Grand Challenge
    • TIPS X beSUCCESS Global Project
    • SFL Global Program
  • Investment Opportunities
    • Launchpad France Demoday
    • TIPS Global Demoday
    • Launchpad USA Demoday
    • Launchpad Indonesia Demoday
  • Submit an Article
  • Forums
  • register
  • login

Copyright © 2021 KoreaTechDesk | About Us | Sponsorships| Terms of Use |Privacy Policy |Cookie Policy Contact: [email protected] DMCA.com Protection Status

Posting....
wpDiscuz
0
0
Would love your thoughts, please comment.x
()
x
| Reply

Insert/edit link

Enter the destination URL

Or link to existing content

    No search term specified. Showing recent items. Search or use up and down arrow keys to select an item.