Boxbot Raises $12M in Series A Funding

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Boxbot, an Alameda, CA-based provider of a vertical automation solution that sorts and stores packages for last-mile carriers, raised $12M in Series A funding. Playground Global Venture Partner Richard Peretz, former CFO at UPS, will join the company’s board of directors. Led by Founder and CEO Austin Oehlerking, Boxbot provides a proprietary software and hardware platform that transforms package handling by making ordinary conveyors three-dimensional. Its modular solution can store, sort, and sequence size-agnostic, high throughput payloads while requiring a minimal physical footprint. Storage density is maximized by dynamically adapting the space required for each payload in real time.

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