Jungheinrich, a solutions provider for intralogistics, and Merantix announced a strategic partnership on May 5th. The aim of the cooperation is to promote applications based on artificial intelligence (AI) in the industry, as reported by Jungheinrich.
As part of the partnership, Jungheinrich is investing five million euros in the AI fund of Merantix Capital. The fund invests in AI-native start-ups that develop scalable solutions for the challenges of the industry and other
sectors such as healthcare, finance, and manufacturing.
Dr. Lars Brzoska, CEO of Jungheinrich AG: "Jungheinrich has extensive expertise in the field of intralogistics and mechanical engineering. With Merantix, we gain a strong partner with profound expertise and strong competence in building AI-based business models. Through the partnership, we unlock valuable synergies and work together to strengthen AI applications in the industrial environment."
The focus of the strategic partnership is on AI investment
opportunities in Europe, particularly in core areas such as robotics, sustainability, enterprise AI, energy, and logistics. Possible specific use cases of the collaboration include solutions for analyzing used lithium-ion batteries or for warehouse simulation with the aim of optimizing material flow.
"AI-native business models are transforming the industry. However, their success largely depends on successful integration into existing structures," said Dr. Rasmus Rothe, co-founder and general partner of Merantix Capital. "At Merantix,
we understand the requirements for scaling AI companies. Jungheinrich, as an industrial partner, brings the necessary experience and openness to innovation."
According to the information, the partnership with Merantix complements existing activities by Jungheinrich in the field of corporate venture capital. It follows the participation in the High-Tech Gründerfonds (HTGF) and is part of Jungheinrich's new strategic direction to systematically build additional business models outside the core business through the recently founded
