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Boxbot automates last-mile e-commerce fulfillment by providing an automated containerization system for warehouses, enabling hands-off operation. Its Boxbot Operating System (BOS) monitors the system, analyzes data, and provides interfaces to run and supervise automation, while the hardware uses variable height spacing and multiple tray sizes to densely pack parcels of different shapes and sizes. It focuses on fully autonomous, human-free operation with dense packing configurations and a warehouse-centric approach supported by its MIT/UC Berkeley roots and Oakland R&D. The goal is to improve warehouse efficiency and reduce costs in last-mile delivery for e-commerce.
Industries
Data & Analytics
Robotics & Automation
Industrial & Manufacturing
Enterprise Software
Company Size
11-50
Company Stage
Series A
Total Funding
$28M
Headquarters
San Francisco, California
Founded
2016
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Total Funding
$28M
Below
Industry Average
Funded Over
3 Rounds
Industry standards
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Listen to this articleRobotics investment for the month of September 2023 totaled $1.84 billion, the result of 50 investments (See Table 1 below or download Table 1 here). Total funding for the months of January 2023 through September 2023 equals approximately $10.7 billion. Funding was $851 million in August 2023 and nearly $2 billion in July 2023. Companies located in the USA, China and Israel received the most rounds and the most funding amounts, dwarfing other countries (Figure 1, below). Companies based in the USA received the majority of the rounds (23), which resulted in a total funding inflow of $537 million. Firms based in China attracted $141 million in funding (coming from 17 investments), while four investments in Israeli companies accounted for $94M in investment
Boxbot, a California-based startup that makes a three-dimensional conveyor system for high-throughput package handling, has raised $12 million in venture capital from investors including the global maritime container giant Maersk.
Boxbot Raises $12M Series A Led by Playground Global to Help Last Mile Carriers Increase Productivity at Significantly Lower Cost
SLS client BoxBot raises $12MM Series A round from Playground Global, Toyota Ventures and others.
Boxbot, the vertical automation solution that sorts and stores packages for last-mile carriers, announced today a $12 million Series A round, led by Playground Global.
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Industries
Data & Analytics
Robotics & Automation
Industrial & Manufacturing
Enterprise Software
Company Size
11-50
Company Stage
Series A
Total Funding
$28M
Headquarters
San Francisco, California
Founded
2016
Find jobs on Simplify and start your career today