Covariant

Covariant, which builds AI-powered industrial robots, raised $75M led by Radical Ventures and Index Ventures as an extension to an $80M Series C in July 2021

Covariant, offering AI-powered automation for industrial robots, raised $75M led by Radical Ventures and Index Ventures as an extension to a 2021 $80M Series C

I took a deep dive with Covariant co-founder and CEO Peter Chen at ProMat the other week.  The timing was either perfect or terrible depending on who you ask.

Covariant, which builds AI-powered industrial robots, raises $80M Series C led by Index Ventures, following a $40M Series B in May 2020

Brian Heater / TechCrunch :

Covariant, which builds AI-powered industrial robots, raises $40M Series B led by Index Ventures, bringing its total raised to $67M

Within all industries, companies are under pressure to deliver goods efficiently, fast and reliably, and especially amid the COVID-19 pandemic, in a way that keeps workers safe.