Ottonomy.IO, a Brooklyn, New York-based autonomous delivery robots that can deliver food & beverages, groceries, and packages to curbside, last mile, and even indoor environments, raised $3.3 million in seed funding.
The round was led by Pi Ventures, with participation from Connetic Ventures and Branded Hospitality Ventures. Sangeet Kumar, founder, and chief executive of Uttar Pradesh-based Addverb Technologies, also joined the round.
Ottonomy.IO plans to deploy the fresh funds to bring the robots to customers already on board — across categories including curbsides and last-mile deliveries of F&B, retail and e-commerce packages.
Company: Ottonomy Inc.
Raised: $3.3M
Round: Seed Round
Funding Month: Aug 2022
Lead Investors: Pi Ventures
Additional Investors: Connetic Ventures and Branded Hospitality Ventures, and Sangeet Kumar
Company Website: https://ottonomy.io/
Software Category: Autonomous Robotics delivery
About the Company: Founded in late 2020 by Ritukar Vijay along with Pradyot Korupolu, Ashish Gupta, and Hardik Sharma, Ottonomy.IO is a leading autonomous robotics delivery startup. Ottonomy.IO’s autonomous robots help address the growing demand for last-mile deliveries and cater to emerging delivery requirements, including indoor and curbside deliveries. The company, which employs about 25 people in the U.S. and India, also writes software and AI algorithms to power the sensors. Ottonomy.IO develops robots that feature sensors, including 3D lidar sensors and cameras. Ottonomy.IO has already deployed its robots at the Cincinnati International Airport and is in talks with multiple airports in the U.S. and Europe to expand its business.
Source: https://techcrunch.com/2022/08/02/ottonomy-io-seed-round-3-3-million-funding-pi-ventures-autonomous-delivery-robot-business-market/