Ambi Robotics, the first robotics company to deploy Sim2Real artificial intelligence (AI) for parcel sortation, has raised $32 million in additional VC funding.
Existing investors Tiger Global and Bow Capital are joined by Ahren and the company’s strategic partner, Pitney Bowes.
Ambi Robotics said the VC funding will fuel the deployment of AI-powered parcel sorting systems as customer demand increases ahead of peak holiday and throughout 2023.
This announcement comes on the heels of a $23 million deployment expansion deal with global shipping and mailing company Pitney Bowes. Ambi Robotics is completing the installation of more than 80 all-new AmbiSort A-Series parcel sorting solutions across the US to empower warehouse workers with automated sorting systems amid the rise of constant commerce demand.
The VC funding will propel Ambi Robotics to achieve new milestones in the areas of deployments and installations, expanding its product portfolio, and investment in growing team of engineering, customer support, operations, and supply chain experts.
