Organization: Geekplus Technology Co.
Year Founded: 2015
Number of Employees: 850
Innovation Class: Business & Management Innovation
Innovation Subclass: Leadership
Geek+ claims to be No. 1 AMR supplier in the world; growth includes the U.S.
The global market for autonomous mobile robots (AMRs) is growing quickly, with many players and plenty of room for growth, thanks to accelerating e-commerce demand. Geekplus Technology Co. marked several milestones in the past year, including deploying more than 10,000 AMRs worldwide, working with major brands, and opening new offices in San Diego and Dusseldorf, Germany.
Geek+ also launched its RoboShuttle system for multi-level, goods-to-person automation and opened a factory that uses its own robots to build more robots. The Beijing-based company offers its AMRs through a robotics-as-a-service (RaaS) model. It raised $150 million in Series C1 funding last July.
According to Interact Analysis, Geek+ has become the No. 1 supplier of AMRs in the world, with 10% market share. Its customers include Decathlon, Dell, Nike, and Walmart.