Covariant has raised a $75M Series C extension to offer autonomous warehouse labor robots.
The company has raised $222M in total.
- Covariant offers around 300 autonomous robots that can pick packages and sort orders.
- Radical
Ventures and Index Ventures co-led the round, with participation from
Canada Pension Plan Investment Board, Amplify Partners, Gates Frontier
Holdings, AIX Ventures, and Northgate Capital.
- The company aims to use the funding round to expand operations and its business reach.
- The company is based in Emeryville, California.