Plus One Robotics announced Tuesday that it has raised $50 million in series C funding.
With the most recent funding round, the AI-powered parcel handling robotics platform’s total funding to date is nearly $100 million.
Company officials said they will use the additional capital to increase capacity and rapidly scale deployment of its AI software-powered robots, as well as expand sales and marketing efforts in North America and internationally.
“The growth of e-commerce has placed tremendous...