Rabot Inc., an Oakland, Calif.-based AI solution provider empowering e-commerce warehouses operations, raised $2 million in pre-seed funding.
Backers included Newfund Capital, BootstrapLabs, Forum Ventures, Interlace Ventures, and angel investors that include key industry leaders in the Supply Chain Industry.
The company intends to use the funds to grow operations, and ramp up deployments to new customers.
Company: Rabot Inc.
Raised: $2.0M
Round: pre-Seed
Funding Month: March 2022
Lead Investors: Newfund Capital, BootstrapLabs, Forum Ventures, and Interlace Ventures
Additional Investors:
Company Website: https://rabot.us/
Software Category: AI-powered cameras
About the Company: Co-founded by Channa Ranatunga, Isura Ranatunga, and Sandeep Suresh, Rabot is building a platform for warehouse operational intelligence to augment workforces in high speed and high-volume environments. The company has developed a computer vision solution, Rabot Pack, to help standardize and streamline the packing process with visibility into warehouse packing operations. This has allowed their clients to save time by providing real-time insights, fast track their quality control process, and reducing errors.
Source: https://www.finsmes.com/2022/03/rabot-raises-2m-in-pre-seed-funding.html