Infinium Robotics
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Infinium Robotics - overview
Location
Singapore, -, Singapore
Primary Industry
Electronics
About
Infinium Robotics is an innovative company specializing in warehouse automation through advanced drone technology, enhancing inventory management accuracy and efficiency in logistics operations. Infinium Robotics automates inventory tracking for warehouses with its flagship product, Infinium Scan, based in Singapore. The company raised USD 0. 75 mn in Seed funding from SEEDS Capital on June 23, 2015, with a focus on serving large-scale warehouses and logistics operations globally.
Infinium Robotics specializes in automating inventory tracking for warehouses through its flagship product, Infinium Scan. This innovative solution merges advanced in-house drone technology with artificial intelligence, enabling fully-autonomous cycle counts that are more cost-effective, accurate, and frequent than traditional methods. Infinium Scan operates independently within diverse warehouse environments, navigating obstacles and performing tasks such as inventory audits, stock taking, and buffer stock maintenance without human intervention. The company primarily serves large-scale warehouses and logistics operations, catering to clients that include Fortune 500 companies and multinational corporations globally, with products deployed in North America, Europe, and Asia.
Their technology is particularly beneficial for industries requiring frequent monitoring and inspection at elevated heights, addressing critical operational challenges in inventory management. Infinium Robotics generates revenue through the sale and deployment of its automated drone systems, specifically the Infinium Scan. The company typically engages in business transactions on a B2B basis, establishing partnerships with logistics companies and large retailers that require automation solutions for inventory management. Revenue streams include direct sales of the drone systems, as well as ongoing support services and software subscriptions for real-time analytics and inventory tracking.
The pricing structure accommodates various client needs, offering different packages based on the scale of deployment and specific service requirements. This revenue model aligns with the increasing demand for automated inventory solutions in the warehouse sector. Infinium Robotics plans to utilize the recent Seed funding of USD 0. 75 mn to enhance product development and market expansion.
The company is currently designing new features for the Infinium Scan and aims to increase its market presence in Europe and Asia by 2025. With the backing from SEEDS Capital, Infinium Robotics is strategically positioning itself to capture a larger share of the warehouse automation market.
Current Investors
SEEDS Capital
Primary Industry
Electronics
Sub Industries
Integrated Circuits
Website
www.infiniumrobotics.com
Verticals
Robotics
Company Stage
Angel & Seed
Total Amount Raised
Subscriber access only

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