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

Jul 04, 2024•over 1 year ago

Amount Raised

$22.5 Million

OaklandNavigationRoboticsSoftware

Investors

Vela PartnersLdv PartnersIncubate Fund468 Capital

Description

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.

Company Information

Company

Cartken

Location

Oakland, California, United States

About

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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