Founded in 2013, the Massachusetts-based Alert Innovation is an e-grocery technology startup focused on micro-fulfillment and online ordering support. The company has a history with Walmart. The retailer and the technology startup In a statement sent to Insider, Alert Innovation CEO and founder John Lert said Walmart was "the first food retailer to recognize the need to automate fulfillment of online orders at store-level.
Dematic is a logistics company originally founded in Germany in 1819. Today, it is a supply chain optimization firm based in Atlanta. Dematic president and CEO Hasan Dandashly said the company has "helped automate some of the world's biggest distribution centers," and now it is seeking to optimize "the smaller footprints found in the backs of retail stores."
Finally, Fabric, founded in 2015, was originally based in Tel Aviv. Now, the robotics-focused micro warehousing outfit operates out of New York City. Insider's Madeline Stonethat Fabric locations are typically based in cities, and can fulfill 500 orders a day. The company has raised $136 million in venture-capital funding.
"Having the largest retailer in the world and the leading innovator in the online grocery space as our customer is an honor, and this is a true testament to the speed, efficiency, and scalability of our solution," the spokesperson said. "As we expand our presence in the US, we hear from our retail partners that they need a flexible solution that can fit into any space.
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