Myrmex

Palo Alto, United States Founded: 2015 • Age: 11 yrs Acquired By Ocado Group
Automated robotic systems for order pickup and return are provided.
Annual revenue - Latest available
Total funding - 1 rounds
Employees - Tracked headcount
Investors 1 Known backers
Products 4 Services tracked
Competitors 9 Brand Intelligence

About Myrmex

Myrmex is a company based in Palo Alto (United States) founded in 2015 was acquired by Ocado Group in May 2022. Myrmex offers products and services including Grocery E-Commerce Solutions, Grocery Pickup, E-Commerce Pickup, and Staging Unit. Myrmex operates in a competitive market with competitors including Nuro, Einride, Serve Robotics, Marble and Refraction AI, among others.

  • Headquarter Palo Alto, United States
  • Sectors
    Transportation, Automotive & Logistics
    Industrial Goods & Manufacturing
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  • Legal Name Myrmex Limited
Operational Areas
Transportation, Automotive & Logistics → Supply Chain, Freight & Logistics Unlock Sub-Sector Unlock Segment
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
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  • Net Profit
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  • Latest Funding Round
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  • Acquired by
    Ocado Group

    (May 23, 2022)

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Products & Services of Myrmex

Myrmex offers a comprehensive portfolio of products and services, including Grocery E-Commerce Solutions, Grocery Pickup, E-Commerce Pickup, and Staging Unit.

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Primary

Automated systems for managing grocery e-commerce orders and delivery.

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Robotic tools for efficient customer order pickup in retail settings.

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Solutions for staging and handling e-commerce orders with robots.

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Equipment for order preparation and van loading in delivery processes.

People of Myrmex

Headcount 10-50
Employee Profiles 1
Employee Profiles
People
Albert Michailidis
Design Engineer

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Teams

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Funding Insights of Myrmex

Investors in Myrmex

Myrmex has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Ocado Group.

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Institutional
Investor Description Founded Year Domain Location
Software solutions for online grocery fulfillment and operations are provided.
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Investor details for Myrmex

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Investments & Acquisitions by Myrmex

Investments
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Investment portfolio details for Myrmex

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Financial Statements - Myrmex

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Detailed financials for Myrmex

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Myrmex Comparisons

Myrmex Primary company
Description
Automated robotic systems for order pickup and return are pr...
Location
Palo Alto, United States
Founded Year
2015
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Myrmex

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Competitors of Myrmex

Myrmex operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Nuro, Einride, Serve Robotics, Marble and Refraction AI, among others.

Company Name Domain Founded year HQ Location Description
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AI-enabled autonomous vehicles are developed for local goods deliveries.
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Autonomous electric trucks are manufactured for freight and emissions management.
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Autonomous delivery robots are developed for food and parcel services.
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Autonomous robots are deployed for intra-city deliveries.
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AI-enabled autonomous robots are provided for last-mile logistics delivery.
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AI-enabled intelligent delivery robots are provided for logistics applications.
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Detailed competitors of Myrmex

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Latest news on Myrmex

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Complete news archive for Myrmex

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Frequently Asked Questions about Myrmex

Myrmex was founded in 2015 and raised its 1st funding round 5 years after it was founded.

Myrmex is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.

Myrmex was founded in 2015 in Palo Alto, United States, and operates in the robotics and logistics sector. Mobile robotic units are developed to prepare and deliver grocery orders at designated pickup points. Batch handling of orders is supported to enable faster replenishment processes. Returns of items are facilitated through the system. Cash payments are accepted, and temperature-controlled units compliant with HASP standards are utilized.

Myrmex's top competitors include Nuro, Einride and Serve Robotics.

Myrmex offers Grocery E-Commerce Solutions, Grocery Pickup, E-Commerce Pickup, and Staging Unit.

Myrmex has 1 investor. Key investors include Ocado Group.

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