inVia Robotics, an award-winning provider of next-generation warehouse automation, announced today that it has evolved its digital twin technology with the introduction of Twin IQ.
inVia’s AI-driven solution will digitize and automate eCommerce logistics services at three of ShipHero’s seven warehouses in Florida, Pennsylvania, and Nevada.
InVia Robotics secured a $30 million Series C funding round that includes an investment from Microsoft’s venture fund.
The Westlake Village provider of warehouse automation products has raised a total of $59 million from investors committed to the company’s growth.
The investors include M12, the San Francisco-based venture fund of Microsoft Corp.; Qualcomm Ventures; and Hitachi Ventures GmbH, the Munich-based corporate venture arm of Hitachi Ltd. in Tokyo. In addition, previous investors Point 72 Ventures in New York, and Upfront Ventures and Embark Ventures, both in Santa Monica, also contributed to the third funding round.
This latest investment will be used to extend inVia’s Picker robots in North America, as well as drive market expansion into Europe, Africa, the Middle East and the Asia Pacific region and align inVia with strategic supply chain partners to open new channels and deliver end-to-end logistics, the company said in a press release.