AutoStore
Oslo-listed maker of cube storage warehouse automation using grid robots
- Service robot sales jump 24% on logistics machines while humanoids sold about 7,000 units in 2025, IFR says
Shipments of professional service robots rose 24% to almost 250,000 units in 2025, led by 117,500 transport and logistics robots, the International Federation of Robotics said on 30 September 2026. The IFR counted about 7,000 full-size humanoids sold worldwide and 174 humanoid makers, more than half of them in China, and said most humanoid uses still rely on teleoperation.
Mentioned - Destro AI raises $8 million seed to make warehouse robots from different makers work as one fleet
Destro AI, a Brooklyn startup founded in 2026, said on 29 September 2026 it raised an $8 million seed round co-led by Base10 Partners and Bonfire Ventures. Its software assigns tasks across mixed robot fleets and is already live with Yusen Logistics (Americas).
Mentioned - AutoStore revenue jumps 43% on North American demand and signs a global supply framework with Amazon
AutoStore reported second-quarter 2026 revenue of $192.1 million, up 43.4%, and order intake of $217.6 million, up 44.7%, on August 13, 2026. The Norwegian cube storage maker disclosed a global strategic supply agreement with Amazon that sets a framework for future procurement without purchase commitments, launched a buyback of up to $75 million and guided 2026 revenue to about $700 million.
Subject - Amazon unveils a next-generation Proteus robot that takes spoken instructions, tied to a €10 billion upgrade of its European warehouses
Amazon unveiled a next-generation version of its Proteus autonomous mobile robot that employees can direct in natural language, at its Delivering the Future event in London on June 4, 2026. The company said it will invest more than €10 billion over the coming years to expand and modernize its European fulfillment network, deploy the new Proteus in Europe in the first half of 2027, expand its STARK tote-handling system to 15 European sites by 2027 and add 25,000 fulfillment jobs in Europe.
Mentioned - Symbotic turns a profit as revenue rises 23% and systems in deployment jump to 70
Symbotic reported fiscal second-quarter 2026 revenue of $676.5 million, up 23%, and net income of $9.4 million against a loss a year earlier, in results filed with the SEC on May 6, 2026. Adjusted EBITDA more than doubled to $77.8 million, systems in deployment rose to 70 from 52 a quarter earlier, and the company guided third-quarter revenue to $700 million to $720 million.
Mentioned - Stuttgart's Sereact raises US$110 million led by Headline to sell one robot brain for any machine, starting with the US
Sereact, the Stuttgart developer of the Cortex robot model, raised US$110 million in a Series B led by Headline on 27 April 2026, citing more than 1 billion production picks and one remote intervention in about 53,000. The money funds Cortex 2.0, which adds a world model to a vision-language-action model, and a first US office in Boston; Zalando later joined, lifting the round to US$116 million.
Mentioned - AutoStore nearly doubles first-quarter revenue to $165.8 million as adjusted EBITDA margin jumps to 44%
AutoStore reported first-quarter 2026 revenue of $165.8 million on April 23, 2026, up 92.9% from an unusually weak quarter a year earlier, with order intake up 27.0% to $179.4 million. Adjusted EBITDA more than tripled to $72.9 million, but the Norwegian cube storage maker warned that uncertainty over global trade could make customers more cautious and limit near-term visibility.
Subject - Skild AI buys Zebra's former Fetch Robotics unit for $20 million, five years after Zebra paid $301 million for it
Skild AI said on April 15, 2026 that it had acquired the robotics division of Zebra Technologies, the business Zebra bought as Fetch Robotics in 2021. Zebra's quarterly SEC filing shows the sale closed on March 27 for $20 million in cash, escrow and a minority stake in Skild, against the $301 million Zebra recorded when it bought Fetch.
Mentioned - Geek+ turns an adjusted profit in 2025 as US sales overtake China
Hong Kong-listed warehouse robot maker Geek+ reported 2025 revenue of RMB3.17 billion, up 31.6%, and its first full-year adjusted net profit of RMB43.8 million, while its IFRS loss narrowed to RMB10.4 million. The United States became its largest single market and new orders rose 31.7% to RMB4.14 billion as the company pushes a warehouse foundation model and a wheeled humanoid toward production.
Mentioned - Ocado pockets £261 million from Kroger site closures and cuts £150 million of costs to turn cash positive
Ocado Group's technology unit lifted revenue 13% to £561.2 million and its EBITDA margin to 25% in the year to November 2025, but Kroger closed three US fulfilment centres in January and paid £261 million in closure fees. The British automation group guided technology revenue down to about £500 million for FY26, plans to cut about £150 million of costs with significant job losses, and expects to turn cash flow positive in the second half.
Mentioned - AutoStore ends 2025 with record quarterly orders and revenue, but full-year sales fall 10% and profit drops 40%
AutoStore said fourth-quarter 2025 revenue rose 9.0% to $179.7 million and order intake jumped 35.1% to $194.2 million, both company records. Full-year revenue still fell 10.4% to $538.6 million and net income dropped 40.1%, as the Norwegian cube storage maker absorbed longer customer decision cycles, restructuring and a robot write-down.
Subject - Symbotic lifts revenue 29% to $630 million and swings to profit, but Walmart still supplies 86% of sales
Symbotic reported fiscal first-quarter revenue of $629.9 million on 4 February 2026, up 29% from a year earlier, with net income of $13.4 million and adjusted EBITDA of $66.9 million. Its backlog stood at $22.3 billion and it guided second-quarter revenue to $650 million to $670 million. Walmart accounted for 85.6% of revenue, and a change in stock-compensation accounting added $9.3 million to profit.
Mentioned - Ex-Tesla team's Mytra raises $120 million Series C led by Avenir Growth after signing a warehouse deal 60 times its largest so far
Mytra, the material-handling robotics company led by former Tesla Bot chief Chris Walti, raised a $120 million Series C led by Avenir Growth, with cold-storage operator Lineage and Ryder's venture arm among strategic backers. The company says it has signed a deployment 60 times the size of its biggest earlier installation and now serves a Fortune 100 food company and a Fortune 500 industrial distributor.
Mentioned - SoftBank agrees to buy ABB's robotics division for $5.375 billion, killing the planned spin-off at 17 times EBITDA
SoftBank Group will acquire ABB Robotics for an enterprise value of US$5.375 billion, the two companies said on 8 October 2025, replacing ABB's plan to list the unit separately in 2026. The division had 2024 revenue of US$2.279 billion and about 7,000 employees, and the deal needs approval in the EU, China and the US before an expected close in mid-to-late 2026.
Mentioned - Geek+ raises HK$2.71 billion as the first listed warehouse AMR maker, with Hong Kong retail demand covered 133 times
Beijing Geekplus Technology began trading in Hong Kong on July 9, 2025 under code 2590 after selling 161,405,800 H shares at HK$16.80, raising gross proceeds of HK$2,711.62 million. The retail tranche was subscribed 133.62 times and the international book 30.17 times, while four cornerstone investors led by Xiong'an Intelligent Robotics took about 26% of the deal.
Mentioned - Amazon puts its millionth robot to work in Japan and launches DeepFleet, an AI model it says cuts fleet travel time by 10%
Amazon said on 1 July 2025 that it had delivered its one millionth robot, to a fulfillment centre in Japan, for a fleet that now works across more than 300 facilities worldwide. It also introduced DeepFleet, a generative AI foundation model built with AWS tools that coordinates robot traffic and, by Amazon's account, improves the fleet's travel time by 10%.
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