Momenta Invests in NODE Robotics to Boost Autonomous Industrial Operations
Momenta has led an early-growth stage investment in NODE Robotics, a Stuttgart-based company specializing in AI-powered operations for Autonomous Mobile Robots (AMRs) and Automated Guided Vehicles (AGVs), announced in a press release. This investment aims to accelerate NODE's global expansion and enhance its capabilities in fleet automation and industrial autonomy.
NODE Robotics, founded in 2020, offers software solutions that enable manufacturers and logistics providers to integrate and manage diverse fleets of AMRs and AGVs across multiple vendors. Their technology provides plug-and-play interoperability, reducing costly integration bottlenecks and enhancing operational efficiency.
With over 1,000 robots deployed globally, NODE has established partnerships with industry leaders like BMW Group and SHERPA Mobile Robotics. The investment from Momenta, supported by their Digital Industry Fund IV and III, will further integrate NODE into a global network of industrial leaders and technology partners, facilitating its market expansion.
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