Navflex has filed a notice of an exempt offering of securities to raise $15 Million in New Equity Investment.
According to filings with the U.S. Securities and Exchange Commission, Navflex is raising up to $15 Million in new funding. Sources indicate that as part of senior management Chief Executive Officer, Charles Stovall played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Navflex
Navflex is a pioneer in autonomous trailer & container loading and unloading. We are a Denver, Colorado based logistics robotic startup with German roots, German development and American ingenuity. Navflex Autonomous Pallet Jacks and Counterbalance Forklifts load and unload any size box truck, container or trailer including curtain trailers. We solve the last mile of logistics automation making the dock safer, more productive, reducing product damage and helping solve the challenging labor market. Our technology operates in dynamic & constantly changing dock environments, in real time with no need for any infrastructure changes, modifications or process changes. Our robots are AMRs (Automated Mobile Robots) not AGVs or ATLS. This means our AMRs adapt, learn and operate in less than perfect trailers and handle irregular real world pallets and loads. Our AMRs deploy in hours not weeks and have an ROI of 12 months or less. Navflex robots work independently or with customer Warehouse Management Systems (WMS) and operate safely alongside humans and manual forklifts/pallet jacks. Navflex can operate in complex dock and trailer environments even without light, allowing the future of the Dark Warehouse. Navflex Inc is actively seeking early adopter partners and we are currently completing a seed fund raise.
To learn more about Navflex, visit http://www.navflex.com/
Navflex Linkedin Page: https://www.linkedin.com/company/navflex/
Contact:
Charles Stovall, Chief Executive Officer
330-819-5740
https://www.linkedin.com/in/chuckstovalljr/
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