The company, headquartered in San Francisco, intends to double its workforce in 2021. Warehouse automation company Nimble Robotics today announced that it has raised a 50 million Series A. Our next-gen robotics technology will allow retailers and grocers of all sizes to have the fastest and most affordable fulfillment.” “We’ve assembled an all-star team of engineers to build the future of autonomous on-demand fulfillment to solve this problem. “There is no fulfillment solution that can handle double the orders, fulfill them in half the time, with half the staff, for half the cost,” said Simon Kalouche, Nimble’s founder and CEO. Robots can help fill this labor void, Nimble’s leadership stated. Nimble Robotics Raises 50M to Build On-Demand Robotic Fulfillment Nimble AI Security cybersecurity Intelligence AITECHPARK artificialintelligence artificialintelligenceai. With a declining available labor pool and sky-rocketing ecommerce sales there is a shortage of over half a million warehouse workers. Finding reliable warehouse labor now ranks among the highest pain points for retailers as they attempt to maintain business continuity and simultaneously scale their fulfillment operations. Today, Nimble robots are deployed in fulfillment centers across the United States picking over 100,000 items per day for customers including several Fortune 500 retailers.Ĭatalyzed by the Covid-19 pandemic, ecommerce doubled in 2020, accelerating nearly 10 years of growth in the span of just a few months, according to McKinsey & Co. According to Nimble, its AI-powered robots intelligently pick, pack, and handle millions of products, spanning from apparel and electronics to beauty, general merchandise and grocery items. Nimble’s mission is to democratize affordable, on-demand fulfillment for every ecommerce retailer. In addition to the large funding round, the company is also adding two impressive names to its Board of Directors: Sequoia Professor of Computer Science at Stanford University, Fei-Fei Li and Kitty Hawk/Udacity’s Sebastian Thrun. Sebastian Thrun, Founder of GoogleX and Waymo (Google’s self-driving car division), co-founder of Udacity and CEO of Kitty Hawk, former Director of Stanford’s AI Lab (SAIL) Nimble addresses both reliability and integration concerns, Li, who’s also a seed investor, said in a release tied to the news.Fei-Fei Li, Sequoia Professor Computer Science at Stanford University Co-Director of Stanford Institute for Human-Centered AI (HAI) former Director of Stanford AI Lab (SAIL): and former Chief Scientist of AI at Google Cloud.The company also announced the appointment of two artificial intelligence (AI) industry pioneers to its board: The capital raised will further accelerate the company’s hiring plans, product and technology development and scaling of robot deployments for its customers’ fulfillment operations. Nimble Robotics, a robotics and ecommerce fulfillment technology company, today announced a $50 million Series A financing led by DNS Capital and GSR Ventures with participation from Accel and Reinvent Capital among others.
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