![]() ![]() The global addressable market for warehouse automation is expected to reach $320B by 2026 driven largely by ecommerce trends and the demand for automated solutions. The COVID pandemic illustrated how critical automation and supply chain operations are to everyday, modern life. “However, it’s the backing of the team at NFI Ventures that positions us well to get to these markets, solve for the pain points in their supply chain, and do so in far less time.” Robert Szczerba, CEO of Freespace Robotics. “We have strong validation from the market - be it grocery, ecommerce, cold chain, case picking, industrial parts, truck or transload - that our AS/RS is a genuine breakthrough,” adds Dr. Doing more with less space is critical to the supply chain industry.” What drew us to the Freespace Robotics team is that the advantages and gains offered are material and raise the bar for the AS/RS industry. “We seek out the latest innovations in supply chain automation. ![]() The solution addresses the components of space, speed, and cost which are critical to success,” said Eric Brown, Managing Director of NFI Ventures. “We were drawn to the solution's simplicity and intelligence and how that translates when scaled across applications. NFI Ventures, whose affiliate, NFI, owns and operates more than 70 million square feet of warehouse space alongside a dedicated fleet of 5,000 tractors and 14,300 trailers, admired Freespace Robotics for its adaptability across a broad spectrum of industry use cases and the clear market advantages in unit economics and cost per order over providers in market today. NFI Ventures is the initial investor in a Series A funding round for Freespace Robotics, whose system offers a new reimagined design for warehouse automation that delivers space efficient, high-speed, high-volume movement of goods in nearly any size and any temperature environment. CAMDEN, NJ., PITTSBURGH (March 27, 2023) – NFI Ventures, LLC, a venture capital group affiliated with the ownership of NFI, a fully integrated North American supply chain solutions provider, today announces a capital investment in Freespace Robotics, which has the potential to be the fastest, densest, and most cost-effective Automated Storage and Retrieval System (AS/RS) for optimizing warehouse and supply chain operations. ![]()
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