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Osaro Raises $30 Million Series C Round Led By Octave Ventures

Aug 18, 2021•almost 4 years ago

Amount Raised

$30 Million

Round Type

series c

San Francisco

Description

OSARO Inc, a global leader in the development and deployment of advanced robotic automation for logistics, has announced the completion of a series C funding round led by Octave Ventures. The new round brings OSARO's total funding to date to $67.5 million. New investors include Octave Ventures, J17 Capital, and Tomales Bay Capital. Existing investors AME Cloud Ventures, iRobot Corporation, King River Capital, and Founders Fund also participated.

Company Information

Company

Osaro

Location

San Francisco, California, United States

About

OSARO designs and deploys robotics automation solutions in the materials handling industry using software-defined robotics. OSARO automation systems bring together advanced machine learning for object recognition with powerful control software that adapts to customer data and environments. The company’s robotic piece-picking solution is optimized for e-commerce fulfillment center, and warehouse automation markets, where key challenges include high SKU inventories, complex packaging, and fragile items requiring delicate handling. OSARO Solutions have been validated by the world’s top retailers, system integrators, and third-party logistic companies.

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