![]() They’ve developed an AI-powered product that makes integration fast and frictionless for their retail customers. “Their robots have been picking reliably in production, at scale for over a year for some of the world’s largest retailers. ![]() ![]() “Nimble addresses both reliability and integration concerns,” Li, who’s also a seed investor, said in a release tied to the news. In addition to the large funding round, the company is also adding two impressive names to its Board of Directors: Sequoia Professor of Computer Science at Stanford University, Fei-Fei Li and Kitty Hawk/Udacity’s Sebastian Thrun. Cedar Pine and GSR Ventures are the most recent investors. Nimble Robotics is funded by 11 investors. Their latest funding was raised on from a Series B round. These are robots that are in production and picking tens of thousands of real orders every single day for each of our customers.” Investors 11 Funding Nimble Robotics has raised a total of 115M in funding over 2 rounds. Right now, we have heaps of robots deployed, and we’re growing really quickly. “A lot of people have robots in the corner of a warehouse. We’ve grown really fast and have a lot of robots deployed in production,” Kalouche tells TechCrunch. “We’re not the first robotic pick, place and pack company that’s out there. Nimble has also benefited from the rapid deployment of its systems. The pandemic has driven both explosive growth in ecommerce and interest in automation, contributing to a significant excitement around the warehouse fulfillment tech. Nimble is one in a long list of robotics companies to get a boast from Covid-19. The other 5-10% is assisted by remote human operators, but it’s reliable on day one, and it’s reliable on day 10,000.” “It’s not fully autonomous – it’s autonomous maybe 90, 95% of the time. “Instead of letting it sit in a lab for five years and creating this robotic application before it’s finally ready to deploy to the real world, we deployed it today,” says Kalouche. Led by DNS Capital and GSR Ventures and featuring Accel and Reinvent Capital, the round will go toward helping the company essentially double its headcount this year.įounded by former Stanford PhD student Simon Kalouche, the system utilizes deep imitation learning – a popular concept in robotics research that helps systems map and improve through imitation. Venture investment and financing was provided by GSR Ventures, Accel Partners and private investors. Warehouse automation company Nimble Robotics today announced that it has raised a $50 million Series A. Nimble Robotics is a robotics company, based in San Francisco.
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