1MRobotics Quietly Launches with $25M Series A Funding to Transform Last-Mile Fulfillment Infrastructure with Robotics and Automation

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TEL-AVIV, Israel —

1MRobotics, a startup developing next-generation robotic dark stores, or as they classify them – robotic nano-fulfillment centers, today announced that Ibex Investors has led its round A funding with its existing backers Emerge VC , Target Global and INT3, with participation from other major investors. The Series A funding brings its total raised to $25 million, including a previous seed round of $8.5 million.

The company is sneaking in while announcing exciting collaborations with top Fortune 500 CPG brands and Q-commerce players. The funding will be used for expansion into new global markets and corporate clients, as well as for team growth.

“Last mile delivery is a very challenging space where any brand/retailer/operator strives to deliver with maximum efficiency and in the shortest time window possible. Dark stores are a new class of critical infrastructure for fast-paced commerce and direct-to-consumer retail,” said CEO Eyal Yair. “1MRobotics is developing robotic nano fulfillment centers, creating next-generation dark stores designed specifically to meet the ever-growing need for fast and allowing for rapid expansion and optimum unit economics.Our systems are shipped worldwide in standard shipping containers, ready to operate.On site, systems can be deployed as stand-alone units (in the containers) or inside any retail establishment – allowing 1MRobotics the flexibility to position its units anywhere wears which place in the world. 1MRobotics brings full automation and a modular approach, enabling rapid deployment on a global scale while guaranteeing a significant reduction in operational costs. It is now a reality. »

“The next decade will be marked by consumers continuing to demand convenience and expect retailers and brands to deliver their favorite products faster and at lower cost. However, today almost all existing last mile installations are operated manually and inefficiently. That’s where 1MRobotics comes in – providing a complete “plug-and-play” automation solution for last-mile execution in almost any category while reducing costs and the associated environmental impact. We believe the future of commerce is heading towards a network of fully automated, distributed nano-fulfillment sites – that’s exactly what 1MRobotics enables,” said Gal Gitter, Partner at Ibex Investors.

1MRobotics, headquartered in Tel Aviv, Israel, was founded in 2021 by Eyal Yair, co-founder and CEO, and Roee Tuval, co-founder and COO. Yair previously co-founded and ran four companies and sold 2 of them. Tuval, a former elite IDF technology unit, brings a wealth of experience in hardware, software, robotics and electro-optics and more than 15 years of business consulting in Israel and abroad. The two say it has become very clear that instant delivery is already a revolution. From CPGs transitioning to DTC to Quick Commerce players emerging all over the world, consumer expectations for faster delivery are unchallenged.

They set out to develop fully automated, small and flexible dark stores enabling efficient and cost-effective last-mile operations for the world’s leading brands and service providers. To solve the main problems of last mile operations, namely economy and scale of the unit, 1MRobotics has designed an off-the-shelf solution that can be deployed anywhere while reducing headcount to a bare minimum. minimum, or even zero, and guaranteeing optimal operational efficiency. .

“Our goal is to create a new global technology infrastructure for the last mile fulfillment industry that would complement any existing fulfillment network. An important part of our solution is our holistic approach to providing a hardware and software ecosystem to ensure smooth operation at any scale and complexity,” added Yair.

1MRobotics occupies a segment of the global order fulfillment industry – an industry poised for disruption, set to experience immeasurable growth in the coming years, with research indicating 45,000 dark stores planned by 2030. The execution ecosystem has seen many providers in the category of micro-executions or higher. But the company, which has already deployed systems in the short time since its inception, sees itself as the creator of a new category of its own: nano-fulfillment centers.

“Put simply, other players in this space focus on very large facilities, operating in centralized logistics facilities of several thousand square meters. Add to that huge overhead, six-month site development lead times to a year or more, and a project-driven mindset. We’re playing a completely different ball game. We’ve created a ready-made product that’s out of the box, at a fraction of the time, size and cost; It’s state-of-the-art automation in just 20 square meters,” Yair commented. “We believe that within 5-10 years, automated dark shops will be in abundance on street corners. of the world’s largest metropolises. Retail is experiencing its next phase of evolution. Fulfillment automation technology is the enabler, and we are spearheading this disruption,” said Yair.

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1MRobotics was founded in 2021 to make fast last mile execution profitable at scale. We are a team of seasoned entrepreneurs and experts who have worked in organizations such as Magic Leap, Elbit Systems, Allot Communications, Bringg, etc. With decades of combined experience of businesses at various stages, from initial inception to merger and acquisition, we bring a wealth of cross-functional experience in enterprise sales, hardware and software development, robotics and electro-optics in Israel and abroad.

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