Gather AI, a startup developing physical AI for logistics, has raised $40 million in Series B funding led by Smith Point Capital Management.
The investment includes participation from Bain Capital Ventures, Tribeca Venture Partners, Bling Capital, Dundee Venture Capital, XRC Ventures, and new investor The Hillman Company. To date, the company has raised $74 million.
The investment follows a year of significant momentum, with Gather AI doubling its operational footprint and growing bookings 250 percent. [Read more…] about Gather AI raises $40 million to scale its physical AI platform for global logistics