inVia Robotics, a Westlake Village CA-based provider of next-generation warehouse automation solutions, raised $30M in Series C funding.
Backers included M12, Microsoft’s venture fund, and Qualcomm Ventures, LLC, joined by Hitachi Ventures (the strategic corporate venture arm of Hitachi, Ltd.) and existing investors (Point 72, Upfront, and Embark). To date, inVia has raised $59 million from strategic funders committed to the company’s growth.
The company intends to use the funds to extend its reach and operational support in North America, to drive market expansion to APAC and EMEA, as well as align with strategic supply chain partners to open new channels and deliver end-to-end logistics solutions.
Led by Lior Elazary, CEO and Co-Founder, inVia Robotics is an automation company that provides warehouse optimization solutions. Its system leverages autonomous mobile robots and AI-driven warehouse orchestration software to help e-commerce businesses and 3PLs automate and optimize material flow across fulfillment centers.
The company also anticipates using the Qualcomm® Robotics RB5 Platform––a 5G and AI-enabled robotics platform facilitating accelerated development of high computing robots and drones.
The complete solution can be integrated into existing operations or new facilities. It delivers to customers a flexible and scalable system with an unprecedented return on investment (ROI).