12:51:17 AM PDT - Sunday, September 25th, 2022

1MRobotics emerges from stealth with $25M for ‘nano-fulfillment’ centers  

By Editor - Mon Sep 19, 8:17 am

As evidenced by recent layoffs and scaled-back expansions , on-demand delivery is a challenging space. Brands, retailers and operators push to deliver with maximum efficiency, a strategy that’s led within the past several years to the rise of “dark stores.” A dark store, also known as a micro-fulfillment center, is a small, local store without the customers, where employees pack orders from shelves and racks for online delivery orders. On-demand delivery startups like Getir and Gopuff operate hundreds of dark stores within the cities they service — one analysis projects that there will be 45,000 dark stores in operation by 2030. But while the storefronts decrease delivery times, sky-high rents and staffing requirements make them expensive to maintain — eating away at revenues. Eyal Yair proposes an alternative in the form of robotic “nano-fulfillment” centers. He’s the co-founder and CEO of 1MRobotics , which takes an automation-first approach to deploying dark stores for rapid delivery. The company today launched out of stealth with $16.5 million in Series A funding led by Ibex Investors with participation from Emerge VC, Target Global and INT3, as well as collaborations with brands including Nespresso, AB InBev and REEF Technology. The Series A brings 1MRobotics’ total raised to $25 million, inclusive of a previously undisclosed $8.5 million seed round

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1MRobotics emerges from stealth with $25M for ‘nano-fulfillment’ centers

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