Five months ago, Ambi Robotics emerged from stealth with a $6 million raise. Today the Bay Area-based firm is back with several times that, announcing a $26 million Series A, led by Tiger Global. The new round also features participation from existing investors, including Bow Capital, Vertex Ventures US and The House Fund.
The startup first hit our radar through the involvement of UC Berkeley (and frequent TC Sessions: Robotics guest Ken Goldberg). Ambi operates in the pick and place robotics space — it’s a crowded category, but one with an intense level of interest, as more warehouse and fulfillment centers are accelerating toward automation after the shutdowns of the past year.