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Plus One Robotics Snags $33M Series B

2021-04-28
SAN ANTONIO, TX, Plus One Robotics has announced a $33 million of Series B funding co-led by McRock Capital and TransLink Ventures.
Plus One Robotics, a leading provider of vision software for logistics robots, announces $33 million of Series B funding. McRock Capital and TransLink Ventures co-led the round, with participation from BMWi Ventures, Kensington Capital Partners, and Ironspring Ventures alongside existing investors. Whitney Rockley of McRock Capital and Toshi Otani of TransLink will join the company's Board of Directors.

Founded in 2016, Plus One Robotics develops computer vision software to enable robotic automation in supply chain applications. The integration of off-the-shelf high-performance manipulators with Plus One's advanced vision capabilities enables robots to bridge the gap between steady state volume and surge. Plus One's technology mitigates the persistent shortage of manual labor and allows warehouse personnel to flow from monotonous tasks to higher-value work. Plus One's novel approach to human-robot collaboration and supervised autonomy ensures the systems are scalable, flexible and fault-tolerant.
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