Supply chain robotics technology company Unbox Robotics has announced that it has secured US$28m in Series B funding.
The funding is led by ICICI Venture and Redstart Labs (Infoedge), with co-investment from F-Prime, 3one4 Capital, Navam Capital, Force Ventures, and other existing investors.
This funding round, comprising a mix of primary and secondary capital, will be utilised towards accelerating new product development, and expanding market presence across India and select international markets.
Unbox Robotics’ platform combines proprietary swarm-intelligence software with modular 3D robotic sortation hardware, allowing large fleets of robots to coordinate dynamically and scale throughput with minimal fixed infrastructure.
The company has built a growing customer base across Europe and the United States, alongside India, supporting global e-commerce, retail, and third-party logistics operators.
Founder & CEO of Unbox Robotics, Pramod Ghadge, said: “This funding is an important milestone for Unbox Robotics.
“The continued support of our existing investors and the addition of ICICI Venture as our lead investor and F-Prime joining the round from the US, strengthens our ability to scale faster.
“With over 5x year-on-year growth and profitability, we’re now doubling down on scaling our products across key global markets.
“We plan to use this capital to build a world-class team, accelerate new product development, and expand our presence across key markets as demand for warehouse automation continues to grow.”
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