| | | | |

Ottonomy Raises $3.3M in Seed Funding, Launches New Delivery Robot


August 2, 2022

Ottonomy.io has announced closing a seed funding round of $3.3 million, bringing its total funding to date to $4.9 million. The company also announced Ottobot 2.0, the newest version of its fully autonomous mobile robot for retail and restaurant deliveries.

Earlier this year, the company’s Ottobots began deliveries of food, beverage and travel retail items at airports. The new version evolved from early pilots to include fully customizable modular cabins, increased access for customers and directional mobility, including crab mode.

“Last mile delivery is the least productive, yet the most expensive part of the delivery chain. There is a strong need for automation, which Ottonomy fulfills with Ottobots,” said Roopan Aulakh, managing director at Pi Ventures, which led the funding round. “Ottobots are equipped with a sophisticated tech stack both at hardware and AI level. The founding team here brings years of multifunctional robotics experience, reflecting in the world-class product that they have built and commercialized.”

In addition to Pi Ventures, investors Connetic Ventures, Branded Hospitality vendors and the founder and CEO of Addverb Technologies, Sangeet Kumar, joined the funding round.

OttonomyOttobot 800px

“The team and I have been deeply vested into autonomous driving for more than a decade,” said Ritukar Vijay, CEO and co-founder of Ottonomy. “We believe fully autonomous delivery robots are not only a precursor to autonomous vehicle proliferation but are solving today’s biggest challenges like the labor shortage; enabling staff to do more with less. Introducing Ottobot 2.0, we are bringing best-in-class maneuverability, accessibility and modularity to our fully autonomous robots; which sets us ahead of our competition.”

The company said it has received customer validation and positive response from customers at Cincinnati International Airport, and has begin partnerships with multiple airports across the U.S. and Europe. In addition, the company said it is working with top Fortune 500 companies in the retail and restaurant industry across North America. It also completed pilots at the Newlab 5G Studio in New York using Verizon’s 5G network, and is able to deploy large fleets and increase its footprint across North America, Europe, and the Middle East.

For more details on the company, visit the Ottonomy website here.

Related video:




Robotics World News

  • Seed Group and Ryberg Partner to Bring AI-Assisted Disinfection Technology to the Middle East

    Seed Group and Ryberg Partner to Bring AI-Assisted Disinfection Technology to the Middle East

    Netherlands-based Ryberg combines the latest in computer vision, robotics, and infection prevention-technologies to deliver intelligence and efficiency in disinfection. Ryberg has developed Disinfection Robots, which are self-driving disinfection machines. Ryberg’s patented Disinfection Engine makes intelligent disinfection decisions, allowing the robots to disinfect spaces for up to 6 hours—to bring a layer of defense in the… Read More…

  • Wind River and Airbus Collaborate on Certification of Automatic Air-to-Air Refueling (A3R)

    Wind River and Airbus Collaborate on Certification of Automatic Air-to-Air Refueling (A3R)

    Wind River, a global leader in delivering software for mission-critical intelligent systems, announced it has worked with Airbus to support the A330 Multi-Role Tanker Transport (MRTT) aircraft for automatic air-to-air refueling (A3R). The MRTT aircraft is the world’s first tanker to be certified for automatic air-to-air refueling boom operations in daylight. Airbus uses VxWorks 653 for the A330 MRTT… Read More…

Products for Robots & Cobots

  • Jabil, OSRAM, Artilux Develop Next-Generation 3D Camera Prototype

    Jabil, OSRAM, Artilux Develop Next-Generation 3D Camera Prototype

    Manufacturing solutions provider Jabil has announced that its optical design center in Jena, Germany, is currently demonstrating a prototype of a next-generation 3D camera with the ability to operate in both indoor and outdoor environments up to a range of 20 meters. The prototype was the result of a combination of proprietary technologies from Jabil,… Read More…

  • Product Profile: IDS CMOS Sensor IMX273

    Product Profile: IDS CMOS Sensor IMX273

    What is it? IDS cameras can be found in automotive, packaging, printing, and robotics industries, as well as in medical technology, traffic monitoring, security, kiosk systems, and logistics contexts.  The global shutter CMOS sensor IMX273 in the Sony Pregius series offers high image quality, high sensitivity and wide dynamic range. With a resolution of 1.58… Read More…