Gather AI, a Pittsburgh, PA-based supply chain robotics company, raised $10M in Series A funding.
The round was led by Tribeca Venture Partners, with participation from Xplorer Capital, Dundee Venture Capital, Expa, Bling Capital, XRC Labs and 99 tartans.
The company intends to use the funds to accelerate its go-to-market strategy and continued development of its real-time inventory visibility platform.
Co-founded by three Carnegie Mellon’s Robotics Institute graduate students including CEO Dr. Sankalp Arora, Machine Learning Scientist Dr. Daniel Maturana, and Geetesh Dubey, Robotics Engineer, Gather AI is a supply chain robotics company that delivers a real-time inventory visibility platform using autonomous drones that monitor warehouse inventory activity. Its combination of off-the-shelf drones and software enables warehouse operators to increase efficiency and minimize challenges related to warehouse operations and labor shortages. The drones fly autonomously using software that enables them to navigate the GPS-denied environment of warehouses without requiring any changes to building infrastructure or processes like lighting, wifi or labeling. The company’s machine learning engine provides rich insights, enabling the drones to detect and aggregate important data like box damage, case counting, volumetric estimation, text reading, and inventory of palletized goods.
FinSMEs
06/10/2022