Delft-based scaleup Fizyr that develops AI software for automated order picking secures funding

Back in 2014, Professor Martijn Wisse (with core members) founded Fizyr (former Delft Robotics) to develop software for a dozen global leading logistics integrators enabling them to apply autonomous robotics for picking unknown items, groceries, and parcels.

In the latest development, the company has secured funding from Value Creation Capital to accelerate product development and international sales of AI software for machine and computer vision for logistics and autonomous robotics.

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Most notably, the Fizyr deep learning algorithms add a layer of understanding, bringing autonomous decision making to processes that involve classifying, quality control, counting, picking, and manipulating.

The warehouse automation market is all set to grow at a CAGR of 12.6% over the next five years. Due to the need for digitalizing of robotics and logistics processes, Fizyr solutions with AI software for machine and computer vision are adopted to automate human picking tasks.

Herbert ten Have, CEO:

We’re proud to be the world leader in software for picking unknown products serving many leading logistic system integrators. Because of our strong focus and independence, we’re able to provide the best performance.”, says Herbert ten Have, CEO of Fizyr in Delft.

Willem van den Berg, the Managing Partner of Value Creation Capital, said:

We are continuously looking for ambitious companies that make an impact on their core technology and shape business markets with their applications. Fizyr combines extensive expertise and knowledge of Deep Learning and robotics for the fast-growing E-commerce driven markets. The Fizyr team, product, and market potential have an enormous potential for the coming years.

Main image credits: Fizyr

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