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Download The List of the 100 Highest-Valued Unicorns

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Top 7 Industrial Automation Unicorns in 2024

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Have you ever wondered which private companies in the Industrial Automation industry have the highest valuations?

You’re not alone.

There are lots of unicorn companies in this space, and it can be difficult to keep track of them all.

We've decided to take a deep dive and put together a list containing 7 Industrial Automation unicorn startups, from highest to lowest valuation.

7 Industrial Automation Unicorns Companies

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1) Geek+

Geek+

Geek+ manufactures logistics and warehousing robotics, used to streamline and optimize the warehousing process.

Details of the startup:

  • Valuation: $2.00B (November 2018)
  • Country: China
  • State: Beijing
  • City: Beijing
  • Started in: 2015
  • Founders: Hongbo LI, Kai Liu, Xi Chen, Yong Zheng
  • Number of employees: 250-500
  • Funding: $339.00M
  • Funding rounds: 6
  • Number of investors: 10

You can find their website here.

2) Cognite

Cognite

Cognite develops an industrial IoT data platform that enables digital transformation of heavy-asset industries.

Details of the startup:

  • Valuation: $1.50B (May 2021)
  • Country: Norway
  • City: Lysaker
  • Started in: 2016
  • Founders: Fredrik Anfinsen, Geir Engdahl, John Markus Lervik, Stein Danielsen
  • Number of employees: 500-1,000
  • Funding: $346.80M
  • Funding rounds: 4
  • Number of investors: 4

You can find their website here.

3) Sennder

Sennder

sennder is a digital freight-forwarding company that empowers commercial shippers to get their goods where they need to go, faster.

Details of the startup:

  • Valuation: $1.10B (January 2021)
  • Country: Germany
  • City: Berlin
  • Started in: 2015
  • Founders: David Nothacker, Julius Koehler, Nicolaus Schefenacker
  • Number of employees: 500-1,000
  • Funding: $310.02M
  • Funding rounds: 9
  • Number of investors: 20

You can find their website here.

4) Turntide Technologies

Turntide Technologies

Turntide Technologies creates an electric motor system that reduces energy consumption.

Details of the startup:

  • Valuation: $1.00B (June 2022)
  • Country: United States
  • State: California
  • City: Sunnyvale
  • Started in: 2013
  • Founders: Mark Johnston, Piyush Desai, Ryan Morris, Trevor Creary
  • Number of employees: 101-250
  • Funding: $491.53M
  • Funding rounds: 10
  • Number of investors: 18

You can find their website here.

5) Keenon Robotics

Keenon Robotics

Keenon Robotics is a developer and innovator company that dedicated to develop commercial service robots.

Details of the startup:

  • Valuation: $1.00B (September 2021)
  • Country: China
  • State: Shanghai
  • City: Shanghai
  • Started in: 2010
  • Founders: Tong Li
  • Number of employees: 100-250
  • Funding: $228.79M
  • Funding rounds: 3
  • Number of investors: 8

You can find their website here.

6) Locus Robotics

Locus Robotics

Locus Robotics offers solutions that address the growing demand for automated solutions in e-commerce fulfillment.

Details of the startup:

  • Valuation: $1.00B (February 2021)
  • Country: United States
  • State: Massachusetts
  • City: Wilmington
  • Started in: 2014
  • Founders: Bruce E. Welty
  • Number of employees: 100-250
  • Funding: $315.82M
  • Funding rounds: 6
  • Number of investors: 5

You can find their website here.

7) Agile Robots

Agile Robots

Agile Robots is a developer of intelligent robot systems and a provider of application development services.

Details of the startup:

  • Valuation: $1.00B (September 2021)
  • Country: Germany
  • City: Munich
  • Started in: 2018
  • Founders: Peter Meusel, Zhaopeng Chen
  • Number of employees: 50-100
  • Funding: $350.00M
  • Funding rounds: 4
  • Number of investors: 15

You can find their website here.

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