Robots for warehouse and factory work
Maven combines robotic hardware, fleet software and AI to carry out industrial tasks autonomously. Its first applications are mixed-case palletising and tote handling, with robot fleets already working at a consumer packaged-goods company. It is expanding into additional material-handling and assembly workflows.
Expanding the fleet and next-generation design
RoboStrategy led the $100 million Series A. Maven plans to build 250 third-generation robots and begin designing a fourth generation. Shorooq and Presight subsequently confirmed their participation through Shorooq-managed funds alongside LocalGlobe, Vine Ventures and XTX Ventures.
Where the funding goes
- Build 250 third-generation robots
- Develop the fourth-generation robot platform