Gather AI has raised 40M USD in Series B funding led by Smith Point Capital to scale its physical AI...
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The article reports a standard Series B funding round for a robotics player in the logistics sub-segment, which does not meet the $500M threshold for cross.§D.
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Gather AI has raised 40M USD in Series B funding led by Smith Point Capital to scale its physical AI platform for global logistics. The technology uses autonomous drones to achieve 99.9% inventory accuracy while reducing manual labor by 80%. This capital supports a transition to complete dock-to-dock operational intelligence with 5x productivity gains. By digitizing the warehouse floor, the company is establishing a new standard for autonomous supply chain management 📦.
