OTTO Motors secures $29M to scale self-driving robot platform globally

An OTTO Motors self-driving robot

Clearpath Robotics’ OTTO Motors has closed on $29 million in Series C funding to place more of its self-driving robots into warehouses and manufacturing facilities across the world.

Ontario-based OTTO announced the new funding today, June 1. Investors include Kensington Private Equity Investors, BMO Capital Partners, Export Development Canada (EDC) iNovia Capital and RRE Ventures. 

OTTO produces three models of autonomous robots that operate on a proprietary platform for warehouses and...

https://s29755.pcdn.co/news/otto-motors-secures-29m-to-scale-self-driving-robot-platform-globally

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