Business & Investment

Osaro has $ 30 million in support for logistics robots

Osaro Inc, a logistics automation startup. Scales up robot solutions for e-commerce order processing, inventory derivation and extraction, classification, and singing hotmarkets. Thanks to a $ 30 million venture capital round, The company said on Wednesday. The “Series C” round was led by Octave Ventures, along with J17 Capital and Tomales Bay Capital, with participation from existing investors AME Cloud Ventures, iRobot Corp., King River Capital and Founders Fund. San Francisco-based Osaro has raised a total of $ 67.5 million to date. According to Osaro, its robot automation is integrated with automated sorting and retrieval systems (ASRS), autonomous mobile robots (AMRs), conveyor systems, and other material processing equipment. Accelerate global growth by enhancing core technology capabilities such as market expansion and adoption, increased solution and support offerings, and leveraging machine learning platforms for new automation applications. “This new funding will allow Osaro to expand its solution set and accelerate its delivery to its customers,” said Derik Pridmore, co-founder and CEO of the company, in a release. “Osaro, with dozens of customers on five continents, has built a global presence. We look forward to working with our customers to identify new opportunities for robotic solutions to help extend and improve operational performance. . ”



Osaro has $ 30 million in support for logistics robots

https://www.dcvelocity.com/articles/52021-osaro-gains-30-million-backing-for-logistics-robots Osaro has $ 30 million in support for logistics robots

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