BALYO
About
About BALYO
BALYO was created in France in 2006 after its founders automated an industrial guided vehicle for a glass manufacturer. The company applies its navigation and control stack to standard forklift chassis from OEM partners, producing a family of robotic vehicles for horizontal transport, rack storage, line feeding and trailer or conveyor interfaces.
The current range includes VEENY turret trucks, REACHY reach trucks, LOWY stackers and TUGGY tuggers, with configurations reaching storage heights of 17 metres and payloads up to 1,600 kilograms. Deployments are designed through facility mapping and flow simulation, then coordinated by Robot Manager, which connects warehouse-management commands to missions, traffic control, charging and infrastructure such as doors and lifts. BALYO reports more than 1,476 robotic forklifts delivered across warehouse and manufacturing operations.
Articles
Products
Deployments
- Operating use
2026-08-14 - BALYO reports that more than 2,000 Driven by BALYO robots are currently operating worldwide. - Driven by BALYO autonomous material-handling fleet
Source
Supply
Team
- Pascal Rialland - Chairman and Chief Executive Officer - He chairs BALYO and leads the autonomous material-handling business under SoftBank ownership.
- Alec Lafourcade - Chief Operating Officer - He leads BALYO's operating organization across hardware industrialization, product planning and manufacturing.
- Andres Yarce - Chief Technology Officer - He leads BALYO's technology organization for autonomous material-handling systems.
Timeline
Events
- 2026-04-27 - Acquisition - BALYO becomes wholly owned by SoftBank and leaves Euronext Paris
Silver Bands 4 acquired 9,918,839 remaining ordinary shares, representing 5.93% of BALYO's capital and theoretical voting rights. Minority holders received €0.60 in cash for each ordinary share transferred in the squeeze-out. Euronext removed BALYO's ordinary shares from its regulated Paris market on 27 April 2026.
Source - 2024-11-20 - Market Signal - BALYO completes €36.6 million rights issue
BALYO issued 126,051,546 new ordinary shares at €0.29 each, and demand reached 110.55% of the offer. The transaction delivered approximately €19.5 million in net cash after costs and the offset of SoftBank receivables. BALYO allocated €12.5 million of net proceeds to direct-sales growth and €7 million to research, development and product improvements.
Source - 2019-01-10 - Partnership - Balyo signs seven-year Amazon commercial agreement
Balyo said Amazon warrants would vest based on purchases of Balyo-enabled products. The agreement referenced potential orders up to EUR 300 million. The warrant structure could let Amazon subscribe for up to 29 percent of Balyo's capital.
Source - 2018-11-14 - Partnership - Balyo renews Hyster-Yale robotics partnership for 10 years
The agreement replaced the parties' October 2015 contract after three years of collaboration. The companies planned to manufacture, market and sell robots based on standard Hyster-Yale trucks across the Americas and Europe. The European launch included training Hyster-Yale EMEA teams to sell and maintain robots equipped with Driven by BALYO technology.
Source - 2017-06-08 - Market Signal - Balyo IPO raises €39.8 million on Euronext Paris
The offer price was set at €4.11 per share, the top of the indicated range. Investor demand exceeded €230 million, making the initial offering 6.7 times oversubscribed. Trading began on Euronext Paris on 9 June 2017, with settlement and delivery scheduled for 12 June.
Source
Relations
Relationships
- SoftBank Group
Current Parent - BALYO is a wholly owned SoftBank subsidiary following the Silver Bands 4 squeeze-out and Euronext delisting.
Context
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Context tags
- Warehouses - Customer Environment
- Factory material flow - Customer Environment
- AGV/AMR intralogistics builder - Stack Layer
- Factory intralogistics transport - Workflow
- AGV/AMR OEM - Stack Layer
- Autonomous forklift and AGV provider - Peer Group
- Autonomous forklift material handling - Workflow