Takeoff Technologies was a Waltham, Massachusetts-based grocery automation company founded in 2016 that designed, deployed, and operated micro-fulfillment centers (MFCs) for online grocery order picking. Its solution combined warehouse-management and order-orchestration software with hardware integrated through a partnership with Austrian automation specialist KNAPP, allowing supermarket operators to install compact robotic warehouses inside or adjacent to existing stores. Customers included Albertsons, Ahold Delhaize, Loblaw, Sedano's, Wakefern, and Australia's Woolworths Group. The company filed for Chapter 11 bankruptcy in the District of Delaware on May 30, 2024, citing slower-than-expected growth in online grocery demand and the high fixed costs of an early-stage automation business; on August 21, 2024 Woolworths Group acquired substantially all assets via a $2.5M credit-bid Section 363 sale of its DIP loans, and the Chapter 11 plan was confirmed on December 20, 2024.
Takeoff Technologies has been acquired
This company is no longer available on our private secondary market.
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2016
Employees
100–175
Total Funding
$37.5M
5 rounds
Latest Valuation
$0.5B
2023
Total raised $37.5M across 5 rounds
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Last updated 06-25-2026
Latest Round
Type
Series C
Date
September 16, 2019
Amount
$25M
Valuation
$0.5B
Lead Investors
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| 2023 | SAFE / Note | Not disclosed | — | Florida-based family office |
| September 16, 2019 | Series C | $25M | $0.5B | Forrestal Capital |
| January 31, 2018 | Series A | $12.5M | — | Not disclosed |
Jose Vicente Aguerrevere
Co-Founder & Chief Executive Officer
Max Pedro
Co-Founder & President
Rafael Pieretti
Co-Founder
Competitor list is illustrative and may be incomplete, stale, or erroneous.
Ocado Group
UK-listed grocery technology company offering large centralized automated fulfillment centers and the Ocado Smart Platform; the dominant scale player in online grocery automation.
AutoStore
Norwegian cube-storage automation provider whose ASRS systems are widely deployed for grocery and general retail micro-fulfillment.
Fabric (Common Sense Robotics)
Israeli/US micro-fulfillment platform competing directly with Takeoff for in-store and standalone grocery MFCs.
Alert Innovation
Massachusetts-based MFC robotics company (Alphabot system) acquired by Walmart in 2022, competing with Takeoff for U.S. grocery MFC contracts.
Exotec
French robotics company providing the Skypod high-density goods-to-person system used in retail and grocery fulfillment.
Attabotics
Canadian 3D robotic storage and retrieval company targeting micro-fulfillment for grocery and apparel.
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