NEOintralogistics secures €3M to democratise warehouse automation through RaaS

German robotics-as-a-service (RaaS) provider NEOintralogistics has secured €3 million in seed funding, spearheaded by the Amadeus APEX Technology Fund, with Cetus Holding also participating. This investment highlights a growing trend towards making warehouse automation more accessible and affordable for businesses of all sizes, a key aspect of Europe's push for increased digital efficiency. The company aims to democratize access to automation solutions, traditionally constrained by high upfront costs. NEOintralogistics offers a robotic picking system designed for both existing (brownfield) and new (greenfield) warehouses, which can be implemented within weeks using a pay-per-pick model. This approach transforms automation from a capital expenditure into a flexible, performance-based service. The solution is designed to integrate into existing infrastructure, reducing the need for costly redesigns and helping customers realize efficiency gains faster. This development affects a wide range of companies, particularly small and medium-sized enterprises (SMEs) that have previously found warehouse automation cost-prohibitive. By reducing reliance on manual labor, NEOintralogistics can boost productivity and cut operational costs, fostering economic growth across various sectors. The funding will support expansion, product development, and team growth.
Curated and translated by Europe Digital for our multilingual European audience.
Source Information
European Alternatives You Might Like
Mangopay
Mangopay is a payment infrastructure provider specializing in payments for marketplaces and platforms. It offers virtual wallet technology for managing funds, enabling features such as split payments, multi-currency support, and KYC/AML compliance. Key functionalities include automated payouts, transaction monitoring, and customizable payment flows. This service is primarily aimed at businesses that manage marketplaces, crowdfunding platforms, and sharing economy models and require complex payment solutions. Mangopay distinguishes itself by offering a flexible and scalable payment solution specifically designed for platform-based business models, allowing them to control cash flows and streamline payment processes.
Scaleway
Scaleway is a European cloud computing provider offering a range of services, including servers, storage, and networking solutions. Key features include bare metal servers, virtual machines, object storage, and managed Kubernetes. It's suitable for developers, startups, and businesses seeking cloud infrastructure for web applications, data storage, and various other workloads. Scaleway distinguishes itself through competitive pricing and a focus on European data sovereignty, with data centers in France and the Netherlands.
