Unbox Robotics Secures $28 Million in Series B Funding

Unbox Robotics, a pioneering company in supply chain robotics, has announced the successful raise of $28 million in a Series B funding round. Led by ICICI Venture along with co-investors such as Redstart Labs, F-Prime, and others, this funding aims to enhance the company's leadership and engineering capabilities. The funds will also support accelerated product innovation and expansion in both Indian and international markets.

Unbox Robotics is recognized for its innovative modular robotic systems that streamline warehouse operations. The company's technology includes proprietary swarm-intelligence software and 3D robotic sortation hardware. This infrastructure allows for scalable and efficient fulfillment operations, a crucial need in the global logistics sector.

The investment by ICICI Venture underscores confidence in Unbox Robotics' technological advancements and strategic vision. The support and expertise offered by their partners are expected to drive further growth and market penetration for Unbox Robotics globally.