A.P. Moller Holding invests in drone inventory tracking solution
A.P. Moller Holding, the parent company of the A.P. Moller Group, owners of the Maersk brand, has led the latest $32m fundraising for Verity, a Swiss inventory tracking solution powered by fully autonomous indoor drones.
The drone systems have already been installed in 30 sites across 13 countries. They allow users to fully automate the manual scanning process, using self-flying warehouse drones that require no operator and can fly in the dark.
Verity founder and CEO Raffaello D’Andrea is a pioneer in autonomous systems. He also co-founded Kiva Systems, which was acquired by Amazon in 2012 and rebranded as Amazon Robotics.
Chetan Mehta, head of growth investing at A.P. Moller Holding, said “The company’s unique fully automated solution is popular with customers and is generations ahead of competitors. We believe the company is poised for significant further expansion in the years ahead—particularly given the significant push towards warehouse automation and supply chain efficiency around the world.”