Third Wave Automation
Third Wave Automation’s Collaborative Autonomy Platform™ combines hybrid autonomous vehicles and intelligent fleet management to provide materials handling solutions that improve over time.
Third Wave Automation
Third Wave Automation’s Collaborative Autonomy Platform™ combines hybrid autonomous vehicles and intelligent fleet management to provide materials handling solutions that improve over time.
TL;DR
What they do: Shared Autonomy Platform for hybrid autonomous/high-reach forklifts and fleet management (TWA Reach, ArmadaFMS)
Founded / HQ: 2018; Union City, CA
Business model: Robots-as-a-Service (RaaS) and subscription/licensing for fleet management
Employee count (recent): 64
Known funding: Total disclosed ≈ $97M; Series B $40M (2021); Series C $27M (Oct 2024)
Company Overview
Problem Domain
Warehouse and materials handling automation; autonomous/high-reach forklifts and fleet orchestration.
Founded
2018
Industry
Robotics / Warehouse automation
Funding Track Record
$40M
$27M
Investor Signal
“Participation from strategic and returning investors including Woven Capital, Innovation Endeavors, Norwest Venture Partners and Qualcomm Ventures”