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Covariant Raises $40 Million in Series B Funding to Bring AI Robotics to New Industries

May 06, 2020•over 5 years ago

Amount Raised

$40 Million

Round Type

series b

Berkeley

Description

Covariant, a leading AI Robotics company, today announced that it has raised $40 million in Series B funding, bringing its total funding to $67 million. The round was led by Index Ventures, along with AI-focused Radical Ventures and participation from existing investor Amplify Partners and others. Covariant will use the funding to accelerate its partnerships, introduce AI Robotics to new industries, and grow its research, engineering and commercial teams.

Company Information

Company

Covariant

Location

Berkeley, California, United States

About

Covariant is building the Covariant Brain: universal AI that allows robots to see, reason and act on the world around them. Founded in 2017 by the world's top AI researchers and roboticists from UC Berkeley and OpenAI, Covariant is bringing the latest artificial intelligence research breakthroughs to the biggest industry opportunities. The company is headquartered in Berkeley, CA. For more information, visit covariant.ai.

Company News

(10 articles)
Fri, 30 Aug 2024 07:00:00 GMT

An update on how we’re accelerating the use of AI in robotics at scale - About Amazon

Mon, 02 Sep 2024 07:00:00 GMT

Amazon hires founders of AI robotics startup Covariant - SiliconANGLE

Fri, 30 Aug 2024 07:00:00 GMT

Amazon hires Covariant founders, inks licensing deal with AI startup in latest ‘reverse acquihire’ - GeekWire

Sat, 31 Aug 2024 07:00:00 GMT

Amazon hires the founders of AI robotics startup Covariant - TechCrunch

Thu, 12 Sep 2024 07:00:00 GMT

Amazon & Covariant: Transforming Warehouse Automation - Manufacturing Digital Magazine

Wed, 04 Sep 2024 07:00:00 GMT

This Could Be the Start of Amazon’s Next Robot Revolution - WIRED

Wed, 04 Sep 2024 07:00:00 GMT

Amazon Inks Deal with Covariant to Advance Warehouse Automation - IoT World Today

Sat, 31 Aug 2024 07:00:00 GMT

Amazon acqui-hires Covariant for foundational robotics models and key AI talent - the-decoder.com

Wed, 06 May 2020 07:00:00 GMT

The Next Great AI Company? Covariant Attracts $40M Series B - Crunchbase News

Mon, 11 Mar 2024 07:00:00 GMT

Covariant Announces a Universal AI Platform for Robots - IEEE Spectrum

FundzWatch™ Score

67
Medium Activity

Funding Insights

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