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CO
Covariant
Warehouse robot models; acquihired by Amazon.
- Status
- acquired. Founders and about a quarter of staff hired by Amazon in August 2024, with a license to its models.
- HQ
- Emeryville, California
- Founded
- 2017
- Web
- covariant.ai
- Camps
What it does
Covariant built foundation models for warehouse picking robots and raised $222M by 2023. In August 2024 Amazon hired its founders and licensed its models in a reverse acquihire.
Camp membership over time
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… – Aug 2024
Capital
| Amount | Kind | Valuation | Date | Investors | Source |
|---|---|---|---|---|---|
| $75M | Series C extension | Apr 2023 | Radical Ventures, Index Ventures Total raised $222M. | TechCrunch |
