• العربية

Breaking

Humanitarian Crises: Ongoing conflicts and natural disasters displacing millions of people worldwide. Calls for international cooperation and increased humanitarian aid to address these crises.
Space Exploration: Successful landing of China’s Zhurong rover on Mars, marking the country’s second successful interplanetary landing. Continued international cooperation in space exploration, with upcoming missions to the Moon and beyond.
Social and Political Movements: Continued protests and activism around the world on issues like racial justice, climate change, and women’s rights. Political and social tensions in various countries, including Peru, Iran, and Israel.
Public Health Developments: Ongoing response to the COVID-19 pandemic, with new variants and debates over booster shots. Progress in research for treatments and vaccines against other diseases, such as malaria and HIV/AIDS.
The real estate market in Dubai is looking to recover with the search for Israeli investors.
Technological Advancements: Breakthroughs in artificial intelligence, renewable energy, and space exploration. Continued development of ChatGPT and other AI language models, advancements in solar and wind power technology, and successful launch of NASA’s Artemis mission to the Moon.
Economic Uncertainty: Rising inflation and interest rates impacting global economies, leading to concerns about a potential recession. Central banks raising interest rates to combat inflation, with consequences for businesses and consumers.
Global Climate Change: Record-breaking heatwaves and wildfires in Australia, severe storms and flooding in California, highlighting the urgency of climate action. Ongoing international climate negotiations and domestic policies aimed at reducing greenhouse gas emissions.
US Supreme Court Ruling on Affirmative Action: Supreme Court hears arguments in two cases challenging affirmative action in college admissions and contracting. Potential for a landmark decision impacting racial equality in education and business.
US Midterm Elections: Democrats narrowly maintain control of the Senate, Republicans win majority in the House of Representatives. Potential for divided government impacting legislation and political discourse.
Russia-Ukraine War: Escalation in eastern Ukraine, with Russia capturing Avdiivka, its biggest gain in nine months. Ongoing international sanctions on Russia and humanitarian efforts for Ukraine.

Fabric

Fabric is a company that builds a supply-chain allowing retailers to offer sustainable delivery service to their online customers.

Founded Date

30/06/2015

Number of Current Team Members

11

Number of Investors

9

Funding Type

CLA

Total Funding Amount

$136M

Why to invest in our startup

Fabric, formerly CommonSense Robotics, makes profitable on-demand e-commerce a reality. Its flexible micro-fulfillment solution was specifically designed to enable fast fulfillment from small spaces. By leveraging robotic automation, Fabric allows retailers to reduce costs and cut fulfillment times. Fabric is building an on-demand supply-chain that allows retailers to offer sustainable, 1-hour delivery service to their online customers. Its Micro-Fulfillment-Center is an urban, automated fulfillment solution that combines the benefits of local distribution with the economics of automated fulfillment, and is re-defining the way goods are fulfilled and delivered within cities. By utilizing a novel approach to this last-mile challenge and state-of-the-art robotics and AI, Fabric allows its clients to offer true on-demand services, dramatically reduce their operational costs and benefit from superior operational scalability.

Recent News & Activity of Fabric

Related startups

You know your business better then us. But we are know both sides cualter and interest points we can make your life easier and save your time! and we do it.
Who Are you?
أنت تعلم عملك أكثر منا. ولكننا نعلم كيف نجعل حياتك أسهل وسنوفر عليك الكثير من الوقت حتى تتابع عملك بنجاح
من أنت؟