San Francisco-based autonomous logistics and AI robotics startup Nimble secured $65M in Series B funding.
The firm intends to use the proceeds to increase its network of
autonomous third-party fulfillment centers, expand its workforce, and
accelerate product development.
- Cedar Pine led the current financing with participation from existing backers DNS Capital, GSR Ventures, and Breyer Capital.
- The Series B round brings the firm's total funds raised to date to $115M.
- It raised a $50M Series A round led by DNS Capital and GSR Ventures in March 2021.
- Nimble
claims that its intelligence robotics systems can help reduce
warehouse size by nearly 75% and provide savings of 40% over legacy
third-party fulfillment centers.
