Unbox Robotics, a supply chain robotics technology company, has secured $28 million (INR 243 crore) in Series B funding, led by ICICI Venture and Redstart Labs (Infoedge), with co-investment from F-Prime, 3one4 Capital, Navam Capital, Force Ventures, and other existing investors.
This funding round, comprising a mix of primary and secondary capital, will be utilized towards strengthening the leadership and engineering teams, accelerating new product development, and expanding market presence across India and select international markets.
This fundraise marks a key step for Unbox Robotics as the company scales its mission of transforming warehouse and logistics operations through intelligent robotics and automation. The company also created meaningful liquidity for employees through its ESOP program as part of the transaction. [Read more…] about Unbox Robotics secures $28 million in Series B fundraise led by ICICI venture