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1MRobotics raises $16.5 million Series A for robotic dark shops

1MRobotics, which is developing robotic dark shops, announced Monday that it has raised $16.5 million in Series A funding led by Ibex Investors with participation from its existing backers Emerge VC, Target Global and INT3. The Series A funding brings their total raised to $25 million, including an earlier seed round of $8.5 million.

Headquartered in Tel Aviv, 1MRobotics was founded in 2021 by Eyal Yair (CEO) and Roee Tuval (COO). Yair previously co-founded and ran four companies and sold two of them. Tuval brings rich experience in hardware, software, robotics and electro-optics and more than 15 years of consulting for companies in Israel and abroad.

The company set out to develop small, flexible, fully automated dark stores that would enable effective and profitable last-mile operations for the world’s largest brands and service providers.

To address the key issues of last-mile operations, which are unit economics and scale, 1MRobotics designed an out-of-the-box solution that can be deployed anywhere while reducing headcount to a minimum, if not zero, and ensuring optimal operating efficiencies. .

“Last mile delivery is a highly challenging space where any brand/retailer/operator is pushing to deliver as efficiently and as quickly as possible. Dark stores are a new class of infrastructure that is essential for fast, direct-to-consumer retail,” said Yair. “1MRobotics develops robotic nano-fulfillment hubs, creating next-generation dark stores specifically designed to meet the ever-increasing need for rapid delivery and enable rapid expansion and optimal unit economics. Our systems are shipped globally inside standard shipping containers, ready to operate.”

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