Ambi Robotics Closes $26 Million Series A

<p><strong>EMERYVILLE<&sol;strong> &&num;8212&semi; Ambi Robotics&comma; the pioneer in simulation-to-reality AI for highly-dexterous robotics&comma; has closed a &dollar;26 million Series A funding round&period; The investment is led by new investor&comma; Tiger Global Management&comma; and builds on participation from existing investors Bow Capital&comma; Vertex Ventures US and The House Fund&period;<&sol;p>&NewLine;<p>The new funding comes at a time of significant customer growth and expansions just five months after the company emerged from stealth&period; The funding round enables Ambi Robotics to scale the team and operations to support rapid deployments of AI-powered robotic systems throughout US supply chain operations&period; Additionally&comma; Ambi Robotics will expand its product and customer support offerings as there are now hundreds of warehouse associates across the US working alongside the company’s automated sorting systems&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Ambi Robotics combines cutting-edge AI technology with engaging user interfaces to transform the role of &OpenCurlyQuote;item handlers’ to &OpenCurlyQuote;robot handlers&comma;’” said Jim Liefer&comma; CEO at Ambi Robotics&period; &OpenCurlyDoubleQuote;With our Series A funding&comma; we will be able to empower more companies to help their associates work harmoniously alongside robots&period;”<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Ambi Robotics has quickly leapt to the front of the pack when it comes to AI robotic piece-picking for parcel sortation and ecommerce fulfillment operations&comma;” said Griffin Schroeder&comma; Partner&comma; Tiger Global&period; &OpenCurlyDoubleQuote;The company is a market leader as a result of its strong team and technology&comma; validated by a robust pipeline of customer growth as the company capitalizes on the vast supply chain and rapidly growing logistics market&period;”&ZeroWidthSpace;<&sol;p>&NewLine;<p>Ambi Robotics has developed two commercial solutions&comma; AmbiSort and AmbiKit&comma; and is currently expanding its fleet of AI-powered robots across the US with global brands like Pitney Bowes&period; Powering its highly-dexterous robotics with industry leading simulation-to-reality AI&comma; the company has developed an advanced AI operation system&comma; AmbiOS&comma; that trains algorithms 10&comma;000 times faster than competing solutions&period; This allows customers to rapidly scale AI-powered robotic systems and successfully sort a vast range of unique items from day one of operation&period;<&sol;p>&NewLine;