Albertsons Companies and Takeoff Technologies Develop Strategic Partnership Focused on the Future of Grocery E-Commerce

December 16, 2019 Albertsons Companies

Albertsons Companies and Takeoff Technologies are teaming up to collaborate on the future of grocery micro-fulfillment centers (MFC). The two companies have decided to form a strategic partnership with dedicated teams to collaborate on the evolution of microfulfillment capabilities to drive the future of e-commerce order fulfillment.

Takeoff Technologies Announces $ 25M in Series C Funding and Rollout of Enhanced Robotic Solution

October 9, 2019 Takeoff Technologies

Takeoff Technologies confirmed the closing of its Series C fundraising with an additional $25 million in investment for 5 percent of the company, with a valuation of $500 million, bringing the total funds raised to $86 million. The Series C funding was led by Forrestal Capital. This funding is set to propel a rollout scale across North America, Europe and Australia.