Refraction AI makes low-cost, lightweight autonomous robots for last-mile delivery. The smaller form factor of its REV-1 delivery robot allows it to operate in both the bike lane and roadway, providing many of the benefits of autonomous vehicles with more route flexibility and safety. Founded by roboticists and professors at the University of Michigan, Refraction AI's first application was with restaurant and grocery partners, and the company expects to expand across the gamut of last-mile delivery.

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Funding Events

Date	Amount	Type	Investors	Valuation
03/08/21	$4,200,000	Seed	Alumni Ventures Group Chad Laurans eLab Ventures Invest Michigan Osage Venture Partners Pillar Trucks Venture Capital	undisclosed