Nabtesco Technology Ventures has invested CHF 23.5 million in Embotech, a leader in autonomous driving logistics, to enhance its Automated Vehicle Marshalling and Terminal Tractor solutions across Europe and beyond.
Information on the Target
Embotech, short for embedded optimization technologies, is a pioneering software company based in Switzerland, specializing in autonomous driving solutions tailored for logistics applications. The company has made significant strides in developing its Automated Vehicle Marshalling (AVM) and Autonomous Terminal Tractors (ATT) technologies. Recently, Embotech has secured multi-year contracts to roll out its AVM solutions in passenger car factories and its ATT solutions at various port and yard logistics sites. These agreements position Embotech as a leader in both finished vehicle logistics and port operations.
Underscoring its market leadership, Embotech's AVM technology is currently operational in BMW’s factories, including those located in Dingolfing, Leipzig, and Regensburg. This innovative solution facilitates the autonomous movement of vehicles along a designated route without any human intervention. By utilizing off-the-shelf LiDAR sensors and existing infrastructure, Embotech ensures compatibility with various vehicle models, thus enhancing scalability as production needs evolve.
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Industry Overview in Switzerland
Switzerland's technology sector, particularly in autonomous systems and robotics, has seen substantial growth in recent years. The country is recognized for its robust research and development landscape, fostering innovation and enabling s
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Disclosed details
Transaction Size: $27M