AutoStore

Cube storage grid, CubeVerse software, warehouse automation

NO$5.6B market capest. 1995autostore.com (opens autostore.com)Checked 10 Oct

The brief

Analyst view
  • AutoStore operates ~1,450 installations in 54 countries, using 75% less floor space than traditional shelving.
  • CubeVerse (launched March 2026) adds cloud orchestration and AI to manage multi-vendor warehouse systems.
  • Oslo-listed October 2021 at 103.4 billion NOK valuation (~$1.8B); now trading at ~54.2 billion NOK market cap.

Technical approach

As reported
Cube grid

Vertical storage racks

Totes stack in vertical cube frames accessed by overhead robots (sequencers). Robots reach down through layers to grab items in seconds.

Robots

Fast multi-level access

Sequencers use pulleys and precise motion to reach items. Multiple robots work the same stack in parallel.

CubeVerse

Cloud orchestration layer

CubeVerse integrates AutoStore with external warehouse software, provides real-time analytics and optimizes routing.

Footprint

High-density storage

The cube system uses 75% less floor space than traditional shelving for the same throughput, because items stack vertically and robots work multiple layers.

Primer