Corvus Robotics Raises New Funding to Expand Autonomous Inventory Management Systems
Corvus Robotics is revolutionizing warehouse operations by providing cutting-edge, autonomous solutions to streamline inventory management.
Company Name: Corvus Robotics
Location: Mountain View, CA
Sector: Autonomous Inventory Management, Robotics
Funding Details: Closed a $18M Series A round and seed funding, led by S2G Ventures and Spero Ventures.
Purpose of Investment: The company plans to use the funds to expand operations and further develop its autonomous inventory management systems.
Product and Innovation: Led by CEO Jackie Wu, Corvus Robotics specializes in autonomous inventory management using drones that require no human operators. Their flagship product, Corvus One, deploys AI-powered drones within warehouses and production plants to efficiently manage inventory. Built in the U.S., the Corvus One system navigates through both narrow (as small as 50 inches) and wide aisles. Equipped with obstacle detection, the drone can safely ascend to avoid collisions with people, forklifts, or other robots, ensuring smooth warehouse operations. Its advanced barcode scanning system reads barcodes in any orientation on cartons or pallets, offering high accuracy and efficiency in inventory tracking.
About the Company: Corvus Robotics is revolutionizing warehouse operations by providing cutting-edge, autonomous solutions to streamline inventory management. Their technology enhances efficiency, reduces operational disruptions, and ensures precise tracking in fast-paced environments.