inVia Robotics Raises $20M Series B Funding

invia roboticsinVia Robotics, a Los Angeles, CA-based provider of the next generation of robotics warehouse automation solutions for e-commerce fulfillment centers, raised $20m in Series B funding.

The round, which brought total funding to $29m to date, was led by Point72 Ventures with participation from Upfront Ventures and Embark Ventures.

The company intends to use the funds to accelerate the commercial deployment of its Picker robots and cloud-based Robotics-as-a-Service (RaaS) management system in warehouses as necessitated by the scaling e-commerce market and to double the current employee count by the end of the year.

Led by Lior Elazary, founder and CEO, inVia Robotics provides robotics warehouse automation solutions for e-commerce distribution centers and supply chains. Its “Robots-as-a-Service” autonomous mobile robot picking and goods-to-person system works collaboratively alongside human workers to eliminate the need for operators to walk around the warehouse. This allows human workers to concentrate on more complex tasks like picking and quality control.
inVia Robotics’ Picker robots are deployed nationally across warehouses and distribution centers of all sizes, including Rakuten Super Logistics and Hollar. In total, over 100 Picker robots are being utilized within customer warehouses.

FinSMEs

01/08/2018

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