San Francisco-based autonomous logistics and AI robotics startup Nimble secured $65M in Series B funding.

 

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.