Ambi Robotics Raises $26M to Revolutionize Logistics
Ambi Robotics Secures $26 Million Series A Funding
Ambi Robotics, a company based in the Bay Area, has announced a $26 million Series A funding round. This investment, led by Tiger Global, significantly surpasses the $6 million the firm raised when it initially launched out of stealth mode five months prior.
The funding round also saw contributions from previous investors, namely Bow Capital, Vertex Ventures US, and The House Fund.
Focus on Pick and Place Robotics
Ambi Robotics initially gained attention through its association with UC Berkeley and Ken Goldberg, a frequent guest at TC Sessions: Robotics. The company specializes in pick and place robotics, a competitive field experiencing heightened interest.
This surge in interest is largely driven by the increasing need for automation within warehouses and fulfillment centers, a trend accelerated by recent global events.
Early Deployment and Key Partnerships
Despite its recent emergence from stealth in April, Ambi Robotics began deploying its robotic systems, including AmbiSort and AmbiKit, as early as October of the previous year.
This proactive deployment strategically positioned the company to support operations during the peak holiday season.
Pitney Bowes is among the prominent partners that have already engaged with Ambi Robotics.
AI-Powered Differentiation
A core element distinguishing Ambi Robotics is the advanced artificial intelligence that underpins its robotic picking system.
According to CEO Jim Liefer, “Ambi Robotics combines cutting-edge AI technology with engaging user interfaces to transform the role of ‘item handlers’ to ‘robot handlers.’"
He further stated that the Series A funding will facilitate the expansion of both the robotic systems and the team responsible for their development, as well as the deployment of additional units.
The company aims to enable greater collaboration between human employees and robotic systems.
This latest funding will be allocated to scaling operations and expanding the team.
