Ada Ventures has invested in PHINXT Robotics, a startup specializing in autonomous warehouse solutions, to leverage the growing demand for automation amid labor shortages in the UK logistics sector.

Target Information

In June 2024, Ada Ventures invested in a seed round for PHINXT Robotics, a promising startup that empowers warehouses of all sizes to deploy autonomous robots without requiring any specialized expertise.

PHINXT Robotics has created a versatile platform for automating warehouse workflow through autonomous robots. The company's solution is designed to operate seamlessly across various warehouse configurations and can handle multiple functions such as transporting goods, packing, sorting, and material handling, all through a user-friendly cloud interface.

Industry Overview in the UK

The logistics and automation industry in the UK is at a pivotal moment, especially with the surge in e-commerce. Forbes projects that e-commerce sales will grow by 10.4% in 2023, leading to an increased demand for warehouse staff.