VC Fund Investments
Supply chain robotics co Unbox raises $7-M from 3one4 Capital, Sixth Sense Ventures, others
Bengaluru-based supply chain robotics technology company Unbox Robotics has raised USD 7 million in a Series A round led by 3one4 Capital with participation from Sixth Sense Ventures and Info Edge (via its unit Redstart Labs). The round also saw participation from Unbox Robotics' founders Pramod Ghadge, Shahid Memon and its CPO Rohit Pitale, alongside existing investors: SOSV, Arali Ventures, WEH Ventures, BEENEXT, Karthik Bhat's Force Ventures, Dr Vijay Kedia (Kedia Securities), Aditya Singh (Stride Ventures) and Pavitar Singh (Sprinklr). Other investors who participated in the round include Rahul Chaudhary (Treebo Hotels), Nikhil Vora and Kathan Shah (Sixth Sense Ventures), and Veda VC. Unbox will use the funds to expand the team across functions, fulfil customer demand internationally, in R&D, and to expand to new geographies.
From the Venture Intelligence PE-VC Deal Database: Between Mar-20 and Mar-21, Unbox Robotics had raised $1.8 M from Arali Ventures, WEH Ventures, Beenext, and others. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)
Want to receive such news items in your inbox? Click Here to sign up for a trial.
