Slip Robotics: Truck-Loading Robots-As-A-Service Company Raises $28 Million (Series B)

By Amit Chowdhry ● Dec 19, 2024

Slip Robotics, a next-generation provider of automated truck-loading robots as a service, announced it has raised a $28 million Series B financing led by DCVC. The funding reflects Slip’s rapid growth with industry-leading customers, including John Deere, GE Appliances, Valeo, and Nissan, using SlipBots to load and unload any truck in just five minutes.

Slip Robotics addresses one of the supply chain’s universal inefficiencies: truck loading and unloading. And for over 100 years, truck trailers have been loaded and unloaded using the same basic methods. Because of this, truckers spend a lot of their workday idling at loading docks, waiting for forklift operators to load and unload their trailers. In contrast, forklift operators rush to carry freight between the trailer and staging area despite 25% of all industrial accidents at the loading dock.

Slip enables people to auto-load and auto-unload any truck in just 5 minutes using SlipBots. And SlipBots cut conventional 30 to 60-minute loading times to just 5 minutes, providing a faster, safer, and scalable solution for growing logistics demands.

Unlike other automated solutions, SlipBots addresses any freight at any dock, with no infrastructure modification and with zero Wi-Fi or complex IT integration required. This broad applicability and ease of deployment have fueled Slip’s rapid adoption and expansion with customers.

Valeo – a multinational automotive parts manufacturer – used SlipBots to reduce their trailer load/unload times from 30 minutes to just 5 minutes. And SlipBots seamlessly integrated into their operations, enabling employees to increase dock throughput by 6x, reduce forklift traffic by 8x, and increase safety at the loading dock.

Slip has raised $45 million from investors like Eve Atlas, Tech Square Ventures, Hyde Park Venture Partners, Overline, and Pathbreaker Ventures, all participating in the Series B financing. And this funding positions Slip Robotics to accelerate change in one of the most labor-intensive parts of logistics.

Following this latest funding round, Slip is expanding its team to support rapid growth, increase deployments, and enhance its product offerings. Slip is investing in continued commercial growth along with research and development focusing on delivering greater value to customers. These initiatives strengthen its ability to transform loading dock operations across industries.

KEY QUOTES:

“Modernizing loading and unloading is an enormous problem waiting to be solved. Slip Robotics is driving a level of change in the supply chain industry not seen since the containerization of sea freight. Their solutions are not just theoretical—they work, and they deliver value and scale today.”

  • James Hardiman, General Partner at DCVC

“Slip Robotics makes our lives easier and proves that automation doesn’t have to be difficult. It’s the real deal.”

  • Lou D’Allura, Productivity Manager at Valeo

“Slip’s solutions don’t just represent the future—they solve today’s challenges. We’re moving freight faster, more safely, and at a lower cost for industry-leading brands across the supply chain.”

  • Chris Smith, CEO of Slip Robotics

Exit mobile version