autonomous-forklifts
(3)
XSQUARE Technologies
XSQUARE Technologies is a Singapore-based intralogistics company that builds autonomous forklifts and the Xymphony warehouse orchestration software to automate warehouses without requiring reconfiguration. Founded in 2019 and backed by Goldbell Group's four decades of material-handling expertise, XSQUARE pairs its own line of AGVs with an AI-driven control layer, offered largely through a Robots-as-a-Service subscription model. Its clients include Coca-Cola, GSK and Katoen Natie, and it raised S$10.5 million in Series A funding in May 2024 led by Wavemaker Partners.
Third Wave Automation
Third Wave Automation builds autonomous high-reach forklifts powered by its Shared Autonomy Platform, which lets a single warehouse vehicle switch between fully autonomous, remote-assist, remote-operated, and manual modes. Founded by robotics veterans from Toyota Research Institute and Google, the Union City, California company pairs AI-driven reach trucks with its Armada fleet management software so one remote operator can supervise up to ten machines - helping 3PLs and warehouse operators address labor shortages, improve safety, and reach payback in under a year.
Arshan Poursohi
Arshan Poursohi is the CEO and Co-Founder of Third Wave Automation, a Union City, California-based robotics company building autonomous high-reach forklifts powered by a proprietary Shared Autonomy Platform. Drawing on research stints at Sun Microsystems Laboratories, Google Robotics, and Toyota Research Institute, Poursohi co-founded Third Wave in 2018 with the conviction that warehouse automation should enhance - not replace - human judgment. The company has raised over $82 million from investors including Woven Capital (Toyota's growth fund), Norwest Venture Partners, Innovation Endeavors, Qualcomm Ventures, and Zebra Technologies, and its TWA Reach forklifts now operate commercially in warehouses across the U.S.