Geek+
Founded Year
2015Stage
Series E | AliveTotal Raised
$533.61MValuation
$0000Last Raised
$100M | 2 yrs agoMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-63 points in the past 30 days
About Geek+
Geek+ specializes in smart logistics, operating primarily in the robotics industry. The company offers a range of autonomous mobile robots that handle tasks such as picking, sorting, and industrial material handling, providing solutions for logistics and warehouse automation. It primarily serves sectors such as e-commerce, apparel, retail, logistics, pharmaceutical, and manufacturing. The company was founded in 2015 and is based in Beijing, 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 not only software for building, deploying, and operating robotic fleets but also algorithms for autonomous navigation and perception in dynamic environments. The market also offers si…
Geek+ named as Challenger among 15 other companies, including ABB, KUKA, and Symbotic.
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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 Sep 28, 2023.
Sep 28, 2023
The automation in advanced manufacturing market mapApr 22, 2022 report
Why retailers are prioritizing robotic fulfillmentExpert 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 7 Expert Collections, including Supply Chain & Logistics Tech.
Supply Chain & Logistics Tech
5,371 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
1,244 items
Robotics
2,006 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
14,769 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
6,359 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 20 patents.
The 3 most popular patent topics include:
- artificial neural networks
- bones of the head and neck
- building engineering
Application Date | Grant Date | Title | Related Topics | Status |
---|---|---|---|---|
3/12/2020 | 3/26/2024 | Artificial neural networks, Software design patterns, Cryptography, Embryology, Developmental biology | Grant |
Application Date | 3/12/2020 |
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Grant Date | 3/26/2024 |
Title | |
Related Topics | Artificial neural networks, Software design patterns, Cryptography, Embryology, Developmental biology |
Status | Grant |
Latest Geek+ News
Aug 27, 2024
| Geekplus Technology Co., Ltd., KUKA AG News Provided By Share This Article Autonomous Mobile Robot Market By end user, the warehouse or distribution center segment is anticipated to exhibit significant growth in the future. The autonomous mobile robot market is expanding rapidly due to the great efficiency of these robots, rapid growth of the e-commerce sector, rising adoption of autonomous robots in different sectors” — Allied Market Research WILMINGTON, NEW CASTLE, DELAWARE, UNITED STATES, August 27, 2024 / EINPresswire.com / -- The global 𝐀𝐮𝐭𝐨𝐧𝐨𝐦𝐨𝐮𝐬 𝐌𝐨𝐛𝐢𝐥𝐞 𝐑𝐨𝐛𝐨𝐭 𝐌𝐚𝐫𝐤𝐞𝐭 is expanding rapidly due to developments in e-commerce, the increase in need for autonomous systems, and surge in demand for automation solutions among several industrial sectors. On the other hand, adoption of Industry 4.0 In warehousing and logistics, technological advancements in the development of latest autonomous mobile robots and higher demand for warehouse automation from emerging countries will provide lucrative opportunities of growth throughout the forecast timeframe. 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 𝐍𝐨𝐰: https://www.alliedmarketresearch.com/request-sample/A16218 𝐓𝐡𝐞 𝐠𝐥𝐨𝐛𝐚𝐥 𝐚𝐮𝐭𝐨𝐧𝐨𝐦𝐨𝐮𝐬 𝐦𝐨𝐛𝐢𝐥𝐞 𝐫𝐨𝐛𝐨𝐭 𝐦𝐚𝐫𝐤𝐞𝐭 𝐬𝐢𝐳𝐞 𝐰𝐚𝐬 𝐯𝐚𝐥𝐮𝐞𝐝 𝐚𝐭 $𝟐.𝟐 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝟐𝟎𝟐𝟏, 𝐚𝐧𝐝 𝐢𝐬 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐞𝐝 𝐭𝐨 𝐫𝐞𝐚𝐜𝐡 $𝟏𝟖.𝟗 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐛𝐲 𝟐𝟎𝟑𝟐, 𝐠𝐫𝐨𝐰𝐢𝐧𝐠 𝐚𝐭 𝐚 𝐂𝐀𝐆𝐑 𝐨𝐟 𝟐𝟏.𝟖% 𝐟𝐫𝐨𝐦 𝟐𝟎𝟐𝟐 𝐭𝐨 𝟐𝟎𝟑𝟐. Autonomous mobile robots operate without human supervision and use sensors to perform different industrial operations such as picking & place, transporting objects, and others. Autonomous mobile robots with artificial intelligence (AI) and the ability to carry out operations with minimal human interaction are being developed and deployed across the globe. 𝐓𝐡𝐞 𝐤𝐞𝐲 𝐩𝐥𝐚𝐲𝐞𝐫𝐬 𝐩𝐫𝐨𝐟𝐢𝐥𝐞𝐝 𝐢𝐧 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭 𝐢𝐧𝐜𝐥𝐮𝐝𝐞 Teradyne Inc., Boston Dynamics, Locus Robotics, Fortna Inc., OMRON Corporation, Geekplus Technology Co., Ltd., Clearpath Robotics Inc., KUKA AG, Conveyo Technologies, IAM ROBOTICS 𝐁𝐮𝐲 𝐍𝐨𝐰 𝐭𝐡𝐞 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.alliedmarketresearch.com/checkout-final/57e8305fcf1532a260ad43d5f049cd00 The rise in expenditure by countries such as China and Japan in Asia-Pacific for the country’s robotics sector and the increase in the adoption of autonomous systems in industrial and commercial sectors fuel the market growth. For instance, in November 2021, GEODIS, a logistics firm, announced the installation of autonomous mobile robots from Geek+, a global technology company specializing in smart logistics using advanced robotics and artificial intelligence (AI), at its Yuen Long Warehouse Distribution Centre (YLDC) in Hong Kong, SAR China. In addition, minimal human intervention, greater efficiency, and improved safety offered by autonomous mobile robots are some key factors for the market growth. A large opportunity for the market is noticed in the commercial sector as these autonomous robots are yet to appreciably tap demand for construction, mining, agriculture, and others. Significant factors boosting the growth of the global autonomous mobile robots market include growing application of autonomous robots in various industrial sectors, growth in e-commerce, high efficiency of autonomous mobile robots leading to improved industrial productivity, and rise in demand for autonomous systems. However, high-cost associated with the implementation of autonomous mobile robots and interruptions in bandwidth and application areas hamper the growth of the market. Furthermore, the emergence of Industry 4.0 In logistics and warehousing, and greater demand for warehouse automation from emerging countries are factors expected to offer growth opportunities during the forecast period. 𝐆𝐞𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐞𝐝 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐰𝐢𝐭𝐡 𝐲𝐨𝐮’𝐫𝐞 𝐑𝐞𝐪𝐮𝐢𝐫𝐞𝐦𝐞𝐧𝐭𝐬: https://www.alliedmarketresearch.com/request-for-customization/A16218 By type, the goods to person picking robots segment garnered the largest revenue of more than half of the global autonomous mobile robot market in 2021 and is estimated to rule the roost from 2022 to 2032. This is because robots designed for efficient person-to-goods picking help enhance labor efficiency, throughput, and productivity by minimizing unproductive walking and searching time. The unmanned serial vehicles segment, on the other hand, would display the highest CAGR of 24.8% during the forecast period. The segment is driven by the increasing use of UAVs (unmanned aerial vehicles) in warehouses in past decades. Several factors, including the need for increased productivity and efficiency, lower labor costs, and rising demand for automation in industries such as automotive and electronics, are driving the adoption of autonomous mobile robots across the world . Reduction in human error and demand for automation processes are factors that are expected to drive the autonomous mobile robot market in the region during the forecast period. 𝐈𝐧𝐭𝐞𝐫𝐞𝐬𝐭𝐞𝐝 𝐭𝐨 𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐭𝐡𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭? 𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠: https://www.alliedmarketresearch.com/purchase-enquiry/A16218 Under the end-user category, the warehouse or distribution center segment grabbed the lion’s share of more than half of the overall market revenue in 2021 and is projected to continue its dominance from 2022 to 2032. The same segment would manifest the fastest growth of 22.4% throughout the forecast timeframe. The segment is driven by persistent technological advancements to enhance the efficiency of distributing centers or warehouses. 𝐂𝐡𝐞𝐜𝐤 𝐨𝐮𝐭 𝐦𝐨𝐫𝐞 𝐫𝐞𝐥𝐚𝐭𝐞𝐝 𝐬𝐭𝐮𝐝𝐢𝐞𝐬 𝐩𝐮𝐛𝐥𝐢𝐬𝐡𝐞𝐝 𝐛𝐲 𝐀𝐌𝐑 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡: Utility Vehicle Market - https://www.prnewswire.com/news-releases/utility-vehicle-market-to-reach-51-69-bn-globally-by-2030-at-9-4-cagr-allied-market-research-301350994.html
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, Beijing.
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 Seegrid, Quicktron, TakeOff, Vecna Robotics, Gideon and 7 more.
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Compare Geek+ to Competitors
Locus Robotics specializes in AI-driven warehouse automation solutions within the robotics industry. The company provides autonomous mobile robots that work collaboratively with humans to enhance productivity and operational efficiency in warehouses. Locus Robotics primarily serves sectors such as third-party logistics, retail and eCommerce, healthcare, and industrial sectors. It was founded in 2014 and is based in Wilmington, Massachusetts.
Scallog is a company that specializes in logistics robotics within the technology and logistics industries. The company offers advanced software and hardware technologies that optimize order preparation for e-commerce and industrial specialists, with a focus on automating warehouses. The main products include mobile robots that can lift and transport storage shelves to different picking stations, and software solutions that allow real-time tracking and organization of inventory. Scallog primarily serves the e-commerce, retail, and industrial sectors. It was founded in 2013 and is based in Nanterre, France.
GreyOrange focuses on providing automated robotic fulfillment and inventory optimization solutions in the logistics and retail sectors. Their main services include offering automated solutions for warehouse operations and retail stores, which help increase productivity, mitigate labor challenges, and reduce risk. These solutions are powered by artificial intelligence and are designed for warehouse performance and drive shopper engagement in retail stores. It was founded in 2012 and is based in Roswell, Georgia.
inVia Robotics specializes in warehouse automation solutions. The company offers artificial intelligence (AI) powered software and robotic systems designed to orchestrate tasks and improve productivity in warehouse operations. inVia Robotics solutions cater to e-commerce distribution centers and supply chains seeking to enhance efficiency and accuracy. It was founded in 2015 and is based in Westlake Village, California.
Onward Robotics coordinates humans and robots as a cohesive system for intralogistics fulfillment. The company combines proprietary software with mobile robots to increase operational efficiency and eliminate downtime in warehousing, distribution, and fulfillment centers. The Pyxis technology integrates with company's WMS to prioritize orders, direct and assign tasks, and communicate directly with human workers for continuous and accurate workflow. The company serves industries that include eCommerce, Third Part Logistics, Industrial Warehousing, and Medical supply chains. Onward Robotics was formerly known as IAM Robotics. It was founded in 2012 and is based in Pittsburgh, Pennsylvania.
Prime Robotics specializes in end-to-end warehouse automation solutions within the logistics, e-commerce, and material handling industries. The company offers products such as autonomous mobile robots, software systems for warehouse management, and custom-designed pick stations to streamline warehouse operations. Prime Robotics primarily serves sectors such as logistics and third-party logistics (3PL), retail and e-commerce, food and beverage distribution, and factory and manufacturing. It was founded in 2001 and is based in Englewood, Colorado.
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