Fetch Robotics, a San Jose, CA-based provider of a platform for collaborative robotic solutions, raised $25m in Series B funding.
The round, which brings Fetch Robotics’ total funding to date to $48m, was led by Sway Ventures with participation from existing investors O’Reilly AlphaTech Ventures, Shasta Ventures and SB Group US. In conjunction with the funding, Brian Nugent from Sway Ventures will be added to Fetch Robotics’ board of directors.
The company intends to use the funds to accelerate worldwide growth.
Led by Melonee Wise, CEO, Fetch Robotics develops and manufactures collaborative AMR (Autonomous Mobile Robot) solutions for the warehousing and intralogistic markets combining mobile robots with a cloud-based software system to support multiple applications, including material transport systems and automated data collection.
The combination addresses a wide range of applications – finding and moving anything from parts to pallets in warehouses, factories and distribution centers.
Fetch Robotics’ systems are deployed globally in warehouses, factories, and distribution centers for major multinational companies.