Friday, November 22, 2024
Technology News
Trusted, Accurate, and Validated
Home / Business  / Artificial Intelligence  / Robotics Startup Closes $25 Million

Robotics Startup Closes $25 Million

Robotics Startup fetch robotics Closes $25 Million
Credit: fetchrobotics.com

Fetch Robotics acquired $25 million in Series B financing, led by Sway Ventures, with participation from O’Reilly AlphaTech Ventures, Shasta Ventures, and SoftBank Group.

Fetch Robotics develops and manufactures collaborative, autonomous mobile robot solutions for the warehousing and intralogistic markets. Headquartered in San Jose, California, the company aims to provide reliable and safe collaborative autonomous mobile robot solutions for two commercial applications: material handling and data collection. All Fetch robots are designed and assembled in the United States.