{"id":1313,"date":"2022-08-16T13:09:00","date_gmt":"2022-08-16T11:09:00","guid":{"rendered":"https:\/\/www.elementlogic.net\/au\/?p=1313"},"modified":"2024-09-03T16:08:40","modified_gmt":"2024-09-03T14:08:40","slug":"element-logic-heavily-invests-in-omnimod","status":"publish","type":"post","link":"https:\/\/www.elementlogic.net\/au\/news\/element-logic-heavily-invests-in-omnimod\/","title":{"rendered":"Element Logic heavily invests in OmniMod: The future of logistics is modularity and Artificial Intelligence"},"content":{"rendered":"<div class=\"wp-block-dekode-page-title\">\n\t\t\t<div class=\"dekode-page-title__container\">\n<h1 class=\"wp-block-post-title\">Element Logic heavily invests in OmniMod: The future of logistics is modularity and Artificial Intelligence<\/h1>\n<\/div>\n\t\t<\/div>\n\n<figure class=\"alignwide wp-block-post-featured-image\"><img loading=\"lazy\" decoding=\"async\" width=\"2048\" height=\"1365\" src=\"https:\/\/www.elementlogic.net\/content\/uploads\/sites\/28\/2024\/08\/image-64.png\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"Four men smiling\" style=\"object-fit:cover;\" srcset=\"https:\/\/www.elementlogic.net\/content\/uploads\/sites\/28\/2024\/08\/image-64.png 2048w, https:\/\/www.elementlogic.net\/content\/uploads\/sites\/28\/2024\/08\/image-64-300x200.png 300w, https:\/\/www.elementlogic.net\/content\/uploads\/sites\/28\/2024\/08\/image-64-1024x683.png 1024w, https:\/\/www.elementlogic.net\/content\/uploads\/sites\/28\/2024\/08\/image-64-768x512.png 768w, https:\/\/www.elementlogic.net\/content\/uploads\/sites\/28\/2024\/08\/image-64-1536x1024.png 1536w\" sizes=\"(max-width: 2048px) 100vw, 2048px\" \/><\/figure>\n\n<p class=\"t2-ingress wp-block-t2-ingress\">Element Logic has invested 15 million NOK in OmniMod AS, a supplier of modular systems that perform parcel sorting automation and processing by utilizing Artificial Intelligence.<\/p>\n\n<div class=\"wp-block-dekode-post-date\"><span class=\"date-published\">Published <time datetime=\"2022-08-16T13:09:00+02:00\">August 16, 2022 13:09<\/time><\/span> <\/div>\n\n\n<p>OmniMod was founded in 2020 by Tobias Drage Roti and Seva Karpov as a part of their master\u2019s thesis, and stemmed from the research environment at the NTNU (Norwegian University of Science and Technology). More specifically, the company has its roots in Cybernetics and Robotics and has grown to employ over 15 students and graduates from NTNU. Tobias met Sander Engevik at the NTNU School of Entrepreneurship in 2021, and the two have worked together in closing the investment round. The investment will enable OmniMod to accelerate its product development even faster, and in cooperation with leading actors in the industry, the start-up has several exciting ongoing projects ongoing to successfully bring the new technology to the market.<\/p>\n\n\n\n\t\t<blockquote class=\"wp-block-dekode-quote\">\n\t\t\t<div class=\"wp-block-dekode-quote__icon\">\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"274\" height=\"300\" src=\"https:\/\/www.elementlogic.net\/content\/uploads\/sites\/28\/2024\/08\/Skjermbilde-2024-08-26-kl.-23.22.26-274x300.png\" class=\"quote-image\" alt=\"\" srcset=\"https:\/\/www.elementlogic.net\/content\/uploads\/sites\/28\/2024\/08\/Skjermbilde-2024-08-26-kl.-23.22.26-274x300.png 274w, https:\/\/www.elementlogic.net\/content\/uploads\/sites\/28\/2024\/08\/Skjermbilde-2024-08-26-kl.-23.22.26.png 538w\" sizes=\"(max-width: 274px) 100vw, 274px\" \/><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 24 24\" height=\"96\" width=\"96\" class=\"t2-icon t2-icon-theme_quote\" aria-hidden=\"true\" focusable=\"false\"><path d=\"M6.7808 16.5288L8.49055 13.5673C8.43289 13.5993 8.36555 13.6217 8.28855 13.6345C8.21155 13.6473 8.13464 13.6538 8.0578 13.6538C7.04114 13.6538 6.17797 13.2958 5.4683 12.5798C4.7588 11.8638 4.40405 11.0038 4.40405 10C4.40405 8.98334 4.7588 8.12017 5.4683 7.4105C6.17797 6.701 7.04114 6.34625 8.0578 6.34625C9.06164 6.34625 9.92155 6.701 10.6376 7.4105C11.3536 8.12017 11.7116 8.98334 11.7116 10C11.7116 10.3513 11.669 10.6783 11.5838 10.9808C11.4985 11.2833 11.3737 11.5718 11.2096 11.8463L8.07305 17.2788C8.00905 17.3904 7.92122 17.4808 7.80955 17.55C7.69805 17.6192 7.57305 17.6538 7.43455 17.6538C7.14739 17.6538 6.93205 17.5288 6.78855 17.2788C6.64489 17.0288 6.6423 16.7788 6.7808 16.5288ZM15.6656 16.5288L17.3751 13.5673C17.3174 13.5993 17.2501 13.6217 17.1731 13.6345C17.0962 13.6473 17.0193 13.6538 16.9423 13.6538C15.9256 13.6538 15.0626 13.2958 14.3531 12.5798C13.6434 11.8638 13.2886 11.0038 13.2886 10C13.2886 8.977 13.6434 8.11225 14.3531 7.40575C15.0626 6.69942 15.9256 6.34625 16.9423 6.34625C17.9461 6.34625 18.8061 6.701 19.5221 7.4105C20.2381 8.12017 20.5961 8.98334 20.5961 10C20.5961 10.3513 20.5535 10.6783 20.4683 10.9808C20.383 11.2833 20.2583 11.5718 20.0943 11.8463L16.9578 17.2788C16.8936 17.3904 16.8058 17.4808 16.6943 17.55C16.5828 17.6192 16.4578 17.6538 16.3193 17.6538C16.0321 17.6538 15.8167 17.5288 15.6731 17.2788C15.5296 17.0288 15.5271 16.7788 15.6656 16.5288Z\" fill=\"var(--t2-icon-fill, #000)\"\/><\/svg>\n\t\t\t<\/div>\n\t\t\t<div class=\"wp-block-dekode-quote__text\">\n\t\t\t\t<p>Everyone in Element Logic is very impressed with OmniMod and their achievements in such a short time. The team\u2019s competence in innovative parcel sorting and sequencing concepts, by utilizing AI is quite remarkable and constitutes a significant competitive advantage over other automation actors.<\/p>\n<cite>Dag-Adler Blakseth, CEO of Element Logic<\/cite>\n\t\t\t<\/div>\n\t\t<\/blockquote>\n\n\n<p>Element Logic is the leading supplier of warehouse automation solutions and the world\u2019s first and largest integrator of AutoStore. One of Element Logic\u2019s main priorities is to increase and optimize the product portfolio and to automate even more of the value chain. OmniMod\u2019s technology has been verified and offers a unique and broad range of automation within logistics.<\/p>\n\n\n\n<p>\u201cElement Logic is an incredible company and has really achieved success because of their employees and culture. The people behind it are capable, trustworthy, and innovative, and therefore suitable investors to take the start-up to new heights. We look forward to continuing our cooperation and showing the rest of the world what we can achieve together.\u201d, says Tobias Drage Roti<strong>,&nbsp;<\/strong>CEO of OmniMod.<\/p>\n\n\n\n\t\t<div class=\"wp-block-dekode-simple-cta\">\n\t\t\t<div class=\"dekode-simple-cta__inner\">\n\n<h3 class=\"wp-block-heading\" id=\"want-to-learn-more-about-how-element-logic-can-optimize-your-warehouse-performance\">Want to learn more about how Element Logic can optimize your warehouse performance? <\/h3>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.elementlogic.net\/au\/contact-us\/\">Get in touch today<\/a><\/div>\n<\/div>\n\n<\/div>\n\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>OmniMod was founded in 2020 by Tobias Drage Roti and Seva Karpov as a part of their master\u2019s thesis, and [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":1315,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"hreflang_relation":0,"_el_cross_publish_source_blog_url":"","_el_cross_publish_source_blog_id":0,"_el_cross_publish_source_post_id":0,"_el_cross_publish_sync_state":"","exclude_from_search":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1313","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.9 (Yoast SEO v23.9) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Element Logic heavily invests in OmniMod: The future of logistics is modularity and Artificial Intelligence - Element Logic AU &amp; NZ<\/title>\n<meta name=\"description\" content=\"Element Logic heavily invests in OmniMod: The future of logistics is modularity and Artificial Intelligence.\" \/>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Element Logic heavily invests in OmniMod: The future of logistics is modularity and Artificial Intelligence\" \/>\n<meta property=\"og:description\" content=\"Element Logic heavily invests in OmniMod: The future of logistics is modularity and Artificial Intelligence.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.elementlogic.net\/au\/news\/element-logic-heavily-invests-in-omnimod\/\" \/>\n<meta property=\"og:site_name\" content=\"Element Logic AU &amp; NZ\" \/>\n<meta property=\"article:published_time\" content=\"2022-08-16T11:09:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-09-03T14:08:40+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.elementlogic.net\/content\/uploads\/sites\/28\/2024\/08\/image-64-1024x683.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"683\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"anette\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"anette\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.elementlogic.net\/au\/news\/element-logic-heavily-invests-in-omnimod\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.elementlogic.net\/au\/news\/element-logic-heavily-invests-in-omnimod\/\"},\"author\":{\"name\":\"anette\",\"@id\":\"https:\/\/www.elementlogic.net\/au\/#\/schema\/person\/5354160ea5e49f2e500294bd524e03e4\"},\"headline\":\"Element Logic heavily invests in OmniMod: The future of logistics is modularity and Artificial Intelligence\",\"datePublished\":\"2022-08-16T11:09:00+00:00\",\"dateModified\":\"2024-09-03T14:08:40+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.elementlogic.net\/au\/news\/element-logic-heavily-invests-in-omnimod\/\"},\"wordCount\":273,\"publisher\":{\"@id\":\"https:\/\/www.elementlogic.net\/au\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.elementlogic.net\/au\/news\/element-logic-heavily-invests-in-omnimod\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.elementlogic.net\/content\/uploads\/sites\/28\/2024\/08\/image-64.png\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.elementlogic.net\/au\/news\/element-logic-heavily-invests-in-omnimod\/\",\"url\":\"https:\/\/www.elementlogic.net\/au\/news\/element-logic-heavily-invests-in-omnimod\/\",\"name\":\"Element Logic heavily invests in OmniMod: The future of logistics is modularity and Artificial Intelligence - Element Logic AU &amp; 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