Fox Robotics

Develops automated forklifts for warehouse unloading

Austin, Texas, United States

About Fox Robotics

Fox Robotics develops automated forklifts that improve the efficiency of unloading trailers in warehouses. Their main product, the Fox Automated Trailer Unloader (ATU), can unload trailers at a speed of 25 pallets per hour and is designed for easy installation without needing integration with existing IT systems or Warehouse Management Systems (WMS). The company uses advanced robotics and machine learning to create safe and effective automation solutions. Unlike many competitors, Fox Robotics focuses on providing scalable solutions that can be quickly implemented for various warehouse tasks, such as loading, unloading, and order picking. The goal of Fox Robotics is to enhance operational efficiency for logistics and warehousing clients while reducing the reliance on manual labor.

Austin, TexasHeadquarters
2018Year Founded
$38.2MTotal Funding
EARLY_VCCompany Stage
Robotics & Automation, AI & Machine LearningIndustries
51-200Employees

Benefits

Health Insurance
401(k) Company Match
Unlimited Paid Time Off
Paid Vacation
Stock Options

Risks

Muddy Machines' acquisition may shift focus from warehouse automation to agricultural technology.
Non-exclusive partnership with KION North America could lead to competitive risks.
Walmart's investment may create dependency on a single large client, posing financial risks.

Differentiation

Fox Robotics offers the world's first autonomous trailer loader/unloader, the FoxBot.
The company specializes in quick installation without IT or WMS integration.
Fox Robotics combines advanced robotics and machine learning for intelligent automation solutions.

Upsides

Walmart's deployment of 19 autonomous forklifts shows growing demand for Fox Robotics' products.
Partnership with KION North America enhances production capabilities and U.S. market reach.
Fox Robotics processed nearly 3 million pallet pulls, proving technology reliability and efficiency.

Funding

Total raised$38.21 M
Latest valuation$130.00 M
StageEARLY_VC