Venture Capital Access Online | Venture Capital News
Summary
SAN FRANCISCO, August 18, 2021-- OSARO Inc, a global leader in the development and deployment of advanced robotic automation for logistics, has announced the completion of a series C funding round led by Octave Ventures. OSARO plans to use this latest investment to accelerate global growth through market expansion and hiring, as well as extending its solution and support offerings. Our customers success is our success. We are excited to help OSARO scale their business as they continue to widen their geographic targets and grow their product offering, said Octave Ventures Michael Kim. OSARO automation systems bring together advanced machine learning for object recognition with powerful control software that adapts to customer data and environments. The companys robotic piece-picking solution is optimized for e-commerce fulfillment center, and warehouse automation markets, where key challenges include high SKU inventories, complex packaging, and fragile items requiring delicate handling.
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