Company incubated in Carnegie Foundry, a Pittsburgh-based partner of Carnegie Mellon University, receives $5 Million investment to grow market share by executing on pilot programs, expanding talent and establishing operations and manufacturing presence in the region.

Fives Intralogistics Corporation (“Fives”), a globally recognized leader that transforms supply chain facilities, continues to expand its capabilities in Automated Storage and Retrieval (AS/RS) with the announcement today of its Teaming Agreement with Freespace Robotics, a pioneering manufacturer of robotic storage and retrieval systems for supply chain, logistics and material handling operations worldwide.

NFI Ventures, LLC, a venture capital group affiliated with the ownership of NFI, a fully integrated North American supply chain solutions provider, today announces a capital investment in Carnegie Foundry spinoff, Freespace Robotics, which has the potential to be the fastest, densest, and most cost-effective Automated Storage and Retrieval System (AS/RS) for optimizing warehouse and supply chain operations.