DB Schenker in Gideon Brothers funding round

European logistics giant DB Schenker has joined in a £22 million Series A investment round in the Croatian robotics and AI solutions company Gideon Brothers.

DB Schenker is investing to help accelerate the development and commercialisation of the Gideon Brothers AI and 3D vision based autonomous mobile warehouse robots. The logistics company already uses Gideon robots in its Leipzig, Germany warehouse.

“This investment in the development of autonomous mobile robots once again proves DB Schenker’s ambition to be the frontrunner in innovation,” says Xavier Garijo, Member of the Board of Management for Contract Logistics, DB Schenker.

“Our partnership with Gideon Brothers secures our access to best-in-class robotics and intelligent material handling solutions to serve our customers in the most efficient way. Our collaboration to date with Gideon Brothers has demonstrated real use cases in inbound and outbound processes within the warehouse environment. We also see wider applications and are excited at what this technology affords us in creating the ‘Warehouse of the Future’ for our customers.

“Together with Gideon Brothers we aim to challenge what we already have in practice at DB Schenker and revolutionize logistics business models.”

As part of the deal, Garijo is to join the Gideon Board of Directors.