Robot maker · registered
Third Wave Automation
Shared-autonomy high-reach forklift (TWA Reach) operating in four modes; fully autonomous, remote assist, remote operation, and manual; managed by the Armada FMS fleet-management software, using automotive-grade 3D lidar (360° perception, cm-level accuracy) for rapid mapping. One remote operator manages up to 10 forklifts simultaneously; exception handling resolved in seconds. Closed a $27M Series C led by Toyota's Woven Capital in October 2024 ($97M total). In June 2026, announced technology partnership with The Raymond Corporation (Toyota Material Handling NA) to commercialize TWA-powered Raymond Swing-Reach trucks distributed through Raymond's dealer network.
Company overview
Identity and operating footprint
Robot models
Specifications remain vendor-claimed
TWA Reach
- One operator manages 10 forklifts
vendor-stated ratio of a single remote operator to autonomous high-reach forklifts under shared autonomy
Claim source - 30%+ cost reductions with 100% inventory accuracy
vendor-stated operating-cost savings and inventory-accuracy outcome for automated pallet handling
Claim source
Deployment log
Announced and cited only
Funding history
Publicly announced rounds
Series C
Round sourceSeries C
Innovation Endeavors, Norwest Venture Partners, Qualcomm Ventures, Woven Capital
Round sourceCorporate
Qualcomm Ventures, Zebra Ventures
Round sourceSeries B
Innovation Endeavors, Norwest Venture Partners, Toyota Ventures
Round sourceSeries A
Eclipse Ventures, Heartland Ventures, Homebrew, Innovation Endeavors, Toyota Ventures
Round sourceHiring signal
Public job board · 2026-07-13
Hiring is an operating signal, not deployment evidence. Roles are refreshed from the company’s public careers system.
Company timeline
Milestones and announcements
Source ledger
9 unique public sources