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3 Latest Announced Rounds

$2,265.93M Raised in 95 Funding Rounds in the past 7 Days - View All

Funding Round Profile

Third Wave Automation

start up
United States - Union City, CA
  • 31/10/2024
  • Series C
  • $27,000,000

At Third Wave Automation, we've created the Shared Autonomy Platform; a system that integrates machine learning with shared autonomy. This enables autonomous reach trucks to operate with remote oversight, allowing human operators to intervene only when necessary.

With continuous improvement at the helm, this technology is designed to enhance efficiency and safety in warehouse automation (keeping operators out of harm's way), providing intelligent fleet management (ArmadaFMS) and better overall performance.

The TWA Reach, our fully autonomous reach truck, can be deployed onsite within a matter of weeks and not months, thanks to flexibility within environments and no additional infrastructure requirements.


Related People

Arshan PoursohiFounder

Arshan Poursohi United States - Union City, California

As the CEO and Co-Founder of Third Wave Automation, I lead a team who are passionate about creating breakthrough solutions for autonomous material handling. With decades of experience in robotics, machine learning and embedded technologies, I have a vision to transform the logistics industry with innovative and scalable technology based on a strong AI core that is well suited for real-world dynamic environments.

Prior to founding Third Wave Automation, I was Director of Engineering at Toyota Research Institute, where I oversaw the development and deployment of advanced robotics systems for mobility, manipulation, and perception. I also founded and led the ACME engineering team at Google, where I applied cutting-edge sensor technology to create smart infrastructure for robotics and infrastructure. I have contributed to multiple patents, publications, and projects in the field of robotics and autonomous systems, and I am always eager to learn new skills and collaborate with other experts.