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Warehouse automation startup Unbox Robotics raises $28 million led by ICICI Venture to grow its engineering team and expand market presence.

PRIVATEJan 20, 2026•5 months ago

Amount Raised

$28 Million

Round Type

SERIES B

PuneArtificial IntelligenceRobotics

Investors

Force VenturesNavam Capital3one4 CapitalF PrimeRed Start LabsIcici Venture

Description

Pune-based Unbox Robotics has raised $28 million in Series B funding round led by ICICI Venture, with participation from several notable investors. The funding will be used to enhance product development and expand its market presence globally. Founded in 2019, the company specializes in AI-driven mobile robots for warehouse automation. They have already deployed around 500 robots across various locations worldwide.

Company Information

Company

Unbox Robotics

Location

Pune, Maharashtra, India

About

Unbox Robotics is a warehouse automation startup that builds modular, AI-driven mobile robots for parcel and package sorting at various logistics facilities. Founded in 2019, it focuses on serving the e-commerce, retail, and logistics sectors in multiple regions including India, Europe, and the US. The company's robots utilize swarm intelligence to coordinate operations effectively. Additionally, Unbox operates on both sales and subscription-based models, addressing the growing demand for automation in logistics.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.

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