Corvus Robotics Nabs $18M Seed and Series A
Summary
MOUNTAIN VIEW, CA, Corvus Robotics, a provider of autonomous inventory management systems, today announced an $18 million Series A round and seed funding. Corvus Robotics today announced an updated version of its Corvus One system that brings, for the first time, the ability to fly its drone-powered system in a lights-out distribution center without any added infrastructure like reflectors, stickers, or beacons. Corvus Robotics provides the first and only autonomous inventory management system built on an AI world model. Purpose-built in America, its Corvus One product deploys fully autonomous, infrastructure-free drones that fly without human operators, equipping warehouses and production plants with efficient, accurate inventory management. Its data-driven, robots as a service model allows companies, such as MSI Surfaces, Staci Americas, and Quanta Computer, to quickly respond to changes in demand, reduce labor costs, save hundreds of thousands of dollars annually and enhance the customer experience.
Funding
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