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Cartken raises $22.5M in funding to advance autonomous navigation led by 468 Capital and investors including Incubate Fund, LDV Partners, and Vela Partners

Cartken raises $22.5M in funding to advance autonomous navigation led by 468 Capital and investors including Incubate Fund, LDV Partners, and Vela Partners

07/04/24, 7:55 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgoakland
Money raised
$22.5 million
Industry
navigation
robotics
software
Investors
Vela Partners, Ldv Partners, Incubate Fund, 468 Capital
German-founded robotics navigation software startup Cartken has raised $22.5 million in aggregate funding with the latest $10 million financing round. Cartken’s autonomous navigation system removes limitations of existing mobile robot solutions in various environments and aims to make self-driving technology ubiquitous across most transport applications.
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Company Info

Company
Cartken
Location
oakland, california, united states
Additional Info
Cartken is an AI-powered robotics company dedicated to developing technology that automates the transportation of goods both indoors and outdoors. Our autonomous delivery robots are revolutionizing neighborhood food and grocery last-mile, campus delivery, indoor shuttling, and industrial automation. They reduce unnecessary walking, save time, and enhance productivity for both workers and consumers. With a team of former Google engineers, Cartken combines expertise in self-driving cars, AI-powered robotics, and delivery operations to provide the safest and most reliable solutions on the market.
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RaisedGrowth

The data in the raised column shows reported funding for this location/industry over last 90 days.

The data in the growth column indicates the % increase or decrease of the last 90 days vs. the previous 90 days.

Please note: one or more large fundings, especially for a location/industry that doesn't historically receive much funding, can have a significant impact on the increase or decrease percentage.

https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgoakland
$263.7 M77.7%
software
$14.2 B-51.1%
robotics
$606.1 M101.5%