OSARO
San Francisco company that uses machine learning and machine vision to automate picking, bagging and kitting robots in warehouses.
OSARO is headquartered in San Francisco and is led by co-founder and chief executive Derik Pridmore, with co-founder Michael Kahane as chief technology officer. It builds machine learning software and robotic systems for e-commerce fulfilment, including piece picking, bagging, kitting and depalletizing, built around its SightWorks vision technology and designed to work with automated storage, mobile robots and conveyors. In August 2021 the company said it had dozens of customers on five continents. On 10 December 2020 it announced that it had closed a Series B extension with participation from Darco Capital, The Mark Cuban Companies, King River Capital, Alpha Intelligence Capital, Founders Fund, Pegasus Tech Ventures and GiTV Fund, bringing its total funding to $37 million. On 18 August 2021 it announced a $30 million Series C led by Octave Ventures, with new investors J17 Capital and Tomales Bay Capital and existing investors AME Cloud Ventures, iRobot, King River Capital and Founders Fund, taking total funding to $67.5 million.
- Latest funding
- $30M
- Total funding
- $30M
- Latest valuation
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- Founded
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- Country
- United States
- Aug 18, 2021Series C$30M
- Dec 10, 2020Series B extension—