Details

Last Funding Type

Post-IPO Equity

Industries

Manufacturing,Robotics

Founded date

Jan 1, 2005

Number Of Employee

51 - 100

Operating Status

Active

Balyo designs, develops and markets totally innovative handling robots. Thanks to its navigation technology, unique inside buildings, Balyo transforms standard forklift trucks into standalone intelligent robots, capable of working alongside human operators.

The technological breakthrough introduced by Balyo has permitted fleets of robots to navigate in warehouses or in factories without any additional infrastructures. In contrast to traditional automated trucks, inflexible and costly, the Balyo model does not require lines on the floor or reflectors to guide it.

In 2015, Balyo, a company of 60 employees, signed a partnership agreement with the European leader in material handling, Fenwick / Linde, for the common commercialisation of a unique range of intelligent robots. Building on this success, Balyo signed in 2016 a second partnership with the American specialist in material handling Yale / Hyster with an aim to growth increase in the Americas.

In line with the concepts of 4.0 Warehouse and factories of the future, Balyo offers industry and logisticians increased competitiveness in their goods handling operations.