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New Deal


Announced

Amazon acquired a warehouse robotics startup Canvas Technology.

Financials

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Capital Bid For100%
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Sources

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Tags

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robotics

United States

Private

warehouse

Production Technology Equipment

warehouse robotics

Acquisition

Single Bidder

Synopsis

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Amazon had acquired Canvas Technology, a robotics startup in Boulder, Colorado, that has built autonomous carts that can move goods around warehouses. Financial terms were not disclosed. Canvas has already showcased some impressive technologies, including a fully autonomous cart system that positions the startup as a direct competitor with the likes of Bay Area-based Fetch. “Share a common vision for a future where people work alongside robotics to further improve safety and the workplace experience. We look forward to working with Canvas Technology’s fantastic team to keep inventing for customers.” Amazon spokeswoman.

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