July 8, 2021
Ranpak Holdings Corp, which develops environmentally sustainable, paper-based packaging solutions for eCommerce and industrial supply chains, has announced a recent investment in Pickle Robot Company, which is developing robots for automated sorting, loading, and unloading of packaged goods within logistical lines. Financial terms of the investment were not disclosed.
Pickle Robot is developing a low-cost, collaborative package-handling robot that automates several key tasks along the eCommerce supply chain. Ranpak Automation’s investment in Pickle is highly strategic, and complements its existing portfolio of automated solutions, the company said. The investment also follows Ranpak’s creation of R Squared Robotics, a division that uses 3D computer vision and AI technologies to improve end-of-the-line packaging and logistics. The three companies (Ranpak Automation, Pickle Robot and R Squared Robotics) aim to design and build automated, integrated systems for high-volume end users to improve the speed and efficiency of their operations, Ranpak said.
“We are investing in leading-edge technology to further accelerate Ranpak’s global leadership in packaging automation,” said Omar Asali, chairman and CEO at Ranpak. “This strategic investment in Pickle Robot combined with our addition of R Squared Robotics, further solidifies our focus on automation and ultimately unlocks new opportunities to deliver efficiencies, cost-savings, and value to our global customer base.”
“As a leader in packaging automation, Ranpak is the ideal partner to apply and scale our robotic solutions, which inexpensively retrofit into existing operations while increasing the processing rate of the entire packaging facility,” said Andrew Meyer, co-founder and CEO of Pickle Robot. “We are excited to work together to bring our robotics technology to the global logistics industry.”
For more details on Pickle Robot, visit its website here.