Ottonomy Raises $3.3M in Seed Funding

Introducing Ottobot 2.0
Introducing Ottobot 2.0

Ottonomy.IO, a Brooklyn, NY-based autonomous robotics delivery startup, raised $3.3m in seed funding. 

The round, which brought total funding to date to $4.9m, was led by Pi Ventures with participation from Connetic Ventures, Branded Hospitality Ventures, and the Founder & CEO of Addverb Technologies, Sangeet Kumar.

The company intends to use the funds to scale Ottobots for fully autonomous airport, retail and restaurant deliveries.

Founded in late 2020 by Ritukar Vijay, Pradyot Korupolu, Ashish Gupta and Hardik Sharma, Ottonomy.IO provides fully autonomous robots for airports, curbsides and last mile deliveries of F&B, retail and eCommerce packages.

Earlier this year, the company’s robots “Ottobots” became the world’s first autonomous robots to deliver food, beverage and travel retail items at airports. Ottobot 2.0 evolved from early pilots to include fully customizable modular cabins, increased access for customers and directional mobility, including crab mode. With customer validation and positive response from customers at Cincinnati International Airport (CVG), the company has started partnerships with multiple airports across the US and Europe. In addition to expanding its curbside and last mile delivery technology advances, the company is involved with top Fortune 500 corporations in the retail and restaurants industry across North America for wide adoption.

The robotics company has completed pilots at the Newlab 5G Studio in New York using Verizon’s 5G networks, making a leap in capability to deploy large fleets and increasing its footprint across North America, Europe and the Middle East.

FinSMEs

02/08/2022