Unbox Robotics raises $ 28 Mn in Series B funding

Unbox Robotics has raised US$28 million in Series B funding, led by ICICI Venture, and Redstart Labs (Infoedge), with participation from F-Prime, 3one4 Capital, Navam Capital, Force Ventures LLP, and other existing investors.

Unbox Robotics is part of Arali Fund I Portfolio. Arali Ventures was one of the earliest investors in Unbox and first invested in the company back in March 2020. Since then, the company has grown from being a pre-revenue, early product company to scaling deployments in leading e-commerce, logistics and retail customer warehouses across Spain, Italy, the Netherlands, Belgium and many other countries.

The above funds will be used for:

• Expanding the presence across key regions globally
• Accelerating new product development
• Strengthening leadership, business and engineering teams

Over the past few years, the company has scaled rapidly with strong year-on-year growth, achieving profitability, and growing adoption of its swarm intelligence powered robotic systems across Europe, India and the US.