Ambi Robotics Raises $32M to Fuel AI-Sorting Robot System Growth
October 17, 2022
Ambi Robotics, a robotics company that deploys Sim2Real artificial intelligence in commercial production for parcel sortation, has announced it raised an additional $32 million in funding. Existing investors Tiger Global and Bow Capital were joined by Ahren and the company’s strategic partner, Pitney Bowes, in the latest funding round.
The company said the new funding will fuel the deployment growth of its AI-powered parcel sorting systems as customer demand increases ahead of the peak holiday season and throughout 2023.
“Consumer shopping behavior is demanding a more modern warehouse,” said Jim Liefer, CEO of Ambi Robotics. “The strains of surging parcel volume shouldn’t rest on the shoulders of the supply chains’ most valued asset – people. It’s humbling to see such sophisticated investors stepping forward and contributing to the success of our mission to empower people to handle more.”
Ambi said the new funding announcement comes on the heels of a $23 million deployment expansion deal with Pitney Bowes. The company is completing the installation of more than 80 all-new AmbiSort A-Series parcel sorting solutions across the U.S. to empower warehouse workers with automated sorting systems amid the rise of constant commerce demand.
“Ambi Robotics is an important part of an innovation strategy that is helping Pitney Bowes improve service to our clients and efficiently grow our Global Ecommerce business,” said Gregg Zegras, executive vice president and president of global e-commerce at Pitney Bowes. “In Ambi Robotics, we see the same commitment to client-led innovation that has helped Pitney Bowes evolve and win in the marketplace for over 100 years. We look forward to continuing to work together to drive innovation in our global e-commerce hubs.”
Ambi said it is deploying its next-generation AmbiSort A-Series v3, an upgraded model of the company’s flagship product, which is fully compliant with ANSI safety standards. AmbiSort systems are full-stack sorting solutions that combine robotic picking, item analysis and quality control with a proprietary “soft-touch” end effector that can handle boxes, flats, polybags, and other deformable or rigid items. A warehouse associate can work alongside three to four AmbiSort A-Series systems, increasing the average throughput-per-employee to more than 1,200 items safely sorted per hour with more than 99% accuracy, Ambi said. The AmbiSort systems are powered by AmbiOS, the company’s operating system that leverages simulation-to-reality (Sim2Real) AI technology to rapidly teach robots to pick and pack millions of unique items on day one of deployment.
“We have unwavering dedication to supporting DeepTech companies at the intersection of groundbreaking science and the highest-end technology – a sweet spot that drives positive impact in the world,” said Alice Newcombe-Ellis, founding and general partner at Ahren. “Since the team’s breakthrough discoveries in Sim2Real AI, Ambi Robotics has remained focused on applying its technology to solving real-world problems, enabling critical services companies to execute on an overflowing supply chain and deliver to individuals globally.”
Ambi said the additional funding will help it achieve several milestones over the next 12 months, particularly in the areas of deployments and installations, expanding its product portfolio, and continuing the company’s investment in growing engineering, customer support, operations, and supply chain experts.
For more details on Ambi Robotics, visit its website here.