Tusk raises R&D funding

News Story
- 8 Sep 2022 ( #1093 ) - Foshan, China
1 min read
Tusk's unique form factor
Tusk's unique form factor

Unmanned forklift robotics company Tusk has received three rounds of financing totalling several hundred million yuan, following investment by Engage Capital, ZhenFund and 01VC. Chinese news service 36Kr reports that the funds will be mainly used for product development, team building and marketing.

Tusk was founded in 2021, and is located in Foshan, Guangdong Province. Its unmanned forklifts are different from products available on the market as they integrate automated guided vehicle (AGV) robotics with unmanned forklift functions. 

Tusk forklifts, dubbed ‘stealth pallet robots’, have an overall height of no more than 150 mm.

Tusk has given its unmanned forklifts a thin and light chassis form, allowing LiDAR scanning to be carried on the chassis, improving obstacle avoidance.

The new robotic forklift is also different from traditional submerged top-lift robots in that it can carry pallets directly without additional carriers. 

Tusk has adopted a modular approach to make its hardware equipment more standardised in form. In terms of software, Tusk utilises a low-code system to allow users to achieve rapid deployment by dragging and dropping the build diagram, shortening project implementation cycles to less than one week.

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Previously about:
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Inside The News
In our feel good story for the week, we report on a donation from Wisconsin-headquartered Big Forklifts to the University of Wisconsin-Madison’s College of Engineering, after discovering the institution was still using one of its 1960s walkie stackers... Continue reading

PREMIUM business

Lift Technologies Inc.
Global leader - manufactures masts, carriages, sideshifters & fork positioners

We are delighted to share our exciting website stats for June:
⇒ 1,048,937 web visits - over one million in one month!
⇒ 345,429 unique visitors
⇒ 7,845,629 page views

Looking to reach the materials handling market? We feel Forkliftaction is the right place. We've been partnering with leading brands for 25 years, and we'd love to work with yours. [Download the media kit] to get started.

Words of support …

Thanks to advertising with Forkliftaction, we have received inquiries and more and more people are aware of Ningbo Ruyi Joint Stock Co.,Ltd, which fits with our company's goal to go global and let the world know more about the benefits of our Xilin brand.

Michille Shi, Vice General Manager Sales

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

We are delighted to share our exciting website stats for June:
⇒ 1,048,937 web visits - over one million in one month!
⇒ 345,429 unique visitors
⇒ 7,845,629 page views

Looking to reach the materials handling market? We feel Forkliftaction is the right place. We've been partnering with leading brands for 25 years, and we'd love to work with yours. [Download the media kit] to get started.

Inside The News
In our feel good story for the week, we report on a donation from Wisconsin-headquartered Big Forklifts to the University of Wisconsin-Madison’s College of Engineering, after discovering the institution was still using one of its 1960s walkie stackers... Continue reading

PREMIUM business

Lift Technologies Inc.
Global leader - manufactures masts, carriages, sideshifters & fork positioners

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

We are delighted to share our exciting website stats for June:
⇒ 1,048,937 web visits - over one million in one month!
⇒ 345,429 unique visitors
⇒ 7,845,629 page views

Looking to reach the materials handling market? We feel Forkliftaction is the right place. We've been partnering with leading brands for 25 years, and we'd love to work with yours. [Download the media kit] to get started.

PREMIUM business

Lift Technologies Inc.
Global leader - manufactures masts, carriages, sideshifters & fork positioners

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET