Plus One Raises $50M For Its Parcel Robotics Vision Systems
03/07/23, 2:23 PM
Location
Money raised
$50 million
Investors
Robo Global Ventures, Tyche Partners, Top Tier Capital Partners, Scale Venture Partners
Another industrial automation firm is bucking VC slowdown, as Plus One Robotics this morning announces a $50 million raise. The Series C brings the San Antonio-based firm’s total funding up to $94 million to date (including a $33 million Series B back in 2021). Scale Venture Partners led the round, which also features participation from Top Tier Capital Partners, Tyche Partners and ROBO Global Ventures.
Company Info
Location
san antonio, texas, united states
Additional Info
Plus One supports the mission of ‘always-on’ logistics. We mitigate the persistent shortage of manual labor and allow your personnel to flow from monotonous tasks to higher value work.
Through the implementation of high performance manipulators with advanced vision capabilities, Plus One robots bridge the gap between steady state volume and surge.
Plus One’s novel approach to human/robot collaboration and Supervised Autonomy ensures the systems are scalable, flexible, and fault tolerant.