• Contact Us
  • Privacy Policy & Cookie Policy
  • Terms & Conditions
  • About Us
  • Advertising
Thursday, September 25, 2025
  • Login
Clover Business and Start Up Development
  • Home
  • Finance
  • Concepts
  • Advice
  • Wellbeing
  • Technology
  • Marketing
  • Management
No Result
View All Result
  • Home
  • Finance
  • Concepts
  • Advice
  • Wellbeing
  • Technology
  • Marketing
  • Management
No Result
View All Result
Clover Business and Start Up Development
No Result
View All Result
Home Uncategorized

A new company has been spun out by Tharsus, with an investment of £8m.

in Uncategorized
Reading Time: 2 mins read
A new company has been spun out by Tharsus, with an investment of £8m.
Share on FacebookShare on Twitter

Tharsus, an advanced manufacturing company, has launched a new robotics business called VersaTile Automation with a major investment of £8 million. The company is based in Blyth, Northumberland and has introduced a ground-breaking automation technology platform to improve productivity in the warehouses of the UK. The business has been entirely conceived in Blyth and plans to expand on an international scale. VersaTile Automation aims to create jobs in AI, software, technology development, engineering and manufacturing sectors. The company seeks to become a significant employer by bringing high-value career opportunities to the local community.

VersaTile is led by the team behind Tharsus Group and has decades of experience in delivering innovative automation solutions for many businesses like Rolls Royce, Ocado and BMW worldwide. Using artificial intelligence, VersaTile’s technology features a modular automation system for high-intensity fulfilment centres which transforms warehouse environments by moving products with a dynamic tiling system. The ‘intelligent floor’ knows precisely where the goods are and quickly moves materials, doubling productivity and requiring just half of the space of conventional warehouse systems. Moreover, VersaTile is self-learning based on built-in AI capabilities and can adapt to unpredictable changes in real time. Crucially, the technology can be integrated into warehouses without changes needed to existing infrastructure, boosting productivity with both warehouse space and labour savings.

Wincanton has become VersaTile’s initial customer with an agreement for three years. VersaTile’s technology has been deployed in Wincanton’s state-of-the-art, high-volume eFulfilment centre in Northampton, resulting in a significant increase in the order picking efficiency of the Wincanton team and ultimately enabling faster deliveries. VersaTile’s unique 3D configuration delivers three times the pick and presentation rates and facilitates order picking within minutes, improving productivity by a great extent.

Joni Rautavuori, CEO of VersaTile, believes that current warehouse operations are under immense pressure to meet ever-changing customer demands for shorter delivery times, higher flexibility and lower cost in a sustainable manner. The lack of productivity development and availability of labour add to this challenge, making the situation worse, particularly in the UK. VersaTile’s solution uses advanced technology to solve this problem and Wincanton, a leading supply chain firm in the UK, has become the first customer to use it. Rautavuori adds, “Having Wincanton as our first customer shows the credibility of VersaTile technology and the trust in our experienced team behind it.”

Tags: fundinginnovationManufacturingNew companyroboticsspin-outstart-uptechnologyTharsus£8m investment
Previous Post

Starting today, Paul assumes the role of the new Chief of Staff at ABP.

Next Post

Engineered materials are permitted at the Midland Road Industrial Estate.

Next Post
Engineered materials are permitted at the Midland Road Industrial Estate.

Engineered materials are permitted at the Midland Road Industrial Estate.

  • Trending
  • Comments
  • Latest
Company Voluntary Arrangements: What Small Businesses Should Know

Company Voluntary Arrangements: What Small Businesses Should Know

Business bank accounts – A comprehensive guide

Business bank accounts – A comprehensive guide

Employees are entitled to vacation time.

Employees are entitled to vacation time.

How to get your newsletter opened

How to get your newsletter opened

VAT: Do I have to charge it?

VAT: Do I have to charge it?

How to write a redundancy letter

How to write a redundancy letter

Top tax tips for family businesses 

Top tax tips for family businesses 

How do I open a business account with bad credit?

How do I open a business account with bad credit?

Marketing

5 Essential Tips for Enhancing Customer Experience in Your Small Business

Important Deadline for Businesses: Distribution of P60 Forms

Important Deadline for Businesses: Distribution of P60 Forms

How to Get Started as an Urban Beekeeper

How to Get Started as an Urban Beekeeper

Unveiling the Lasting Effects of Cyberattacks

Unveiling the Lasting Effects of Cyberattacks

© 2022 My i Life Media

No Result
View All Result
  • About Us
  • Advertising
  • Contact Us
  • Home 1
  • Home 2
  • Home 4
  • Home 5
  • popular
  • Privacy Policy & Cookie Policy
  • Sample Page
  • Terms & Conditions
  • Welcome to Clover Business

© 2022 My i Life Media

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Go to mobile version