How Much Did Pickle Robot Raise?
Funding & Key Investors

Pickle Robot, a Cambridge-based innovator in autonomous logistics, has successfully secured a major strategic investment, bringing its total capital accumulation to $107.7M. This latest financing round, totaling $50M, underscores the company's pivotal role in transforming warehouse operations through advanced robotics. By leveraging this influx of capital, the firm is well-positioned to accelerate the deployment of its low-cost, collaborative parcel handling systems, which are increasingly essential for modern supply chain efficiency.

What is Pickle Robot?

Pickle Robot
ManufacturingIndustrial Machinery & Equipment

Pickle Robot specializes in the development of autonomous parcel handling robots designed to streamline complex warehouse tasks including induction, singulation, palletization, and depalletization. By focusing on high-utility, cost-effective automation, the company addresses critical labor and throughput challenges faced by global shipping and logistics providers. Their technology stack integrates machine intelligence and sensor-driven perception to navigate dynamic warehouse environments, effectively bridging the gap between traditional manual labor and fully automated industrial ecosystems.

How much funding has Pickle Robot raised?

Pickle Robot has raised a total of $107.7M across 5 funding rounds:

2020

Debt

$150K

2021

Angel/Seed

$5.6M

2022

Series A

$26M

Series B

$26M

2024

Series B

$50M

Debt (2020): $150K with participation from PPP

Angel/Seed (2021): $5.6M led by Box Group, Hyperplane Venture Capital, VersionOne, and Third Kind Venture Capital

Series A (2022): $26M supported by JS Capital Management, Schusterman Family Investments, and Ranpak

Series B (2022): $26M featuring JS Capital Management, Schusterman Family Investments, and Ranpak

Series B (2024): $50M backed by Teradyne, Toyota Ventures, One Madison Group, Third Kind Venture Capital, Catapult Ventures, Hyperplane Venture Capital, and Ranpak

Key Investors in Pickle Robot

Teradyne

Founded in 1960, Teradyne designs, develops, manufactures, sells, and supports automatic test equipment worldwide.

Toyota Ventures

Toyota Ventures is the early-stage venture capital arm of Toyota, focusing on frontier technologies such as artificial intelligence, mobility, and robotics to achieve carbon neutrality.

One Madison Group

One Madison Group is a New York-based investment firm that specializes in deploying long-duration, flexible capital across public and private markets to create lasting value.

What's next for Pickle Robot?

With the successful closure of this latest funding round, Pickle Robot is poised to scale its operational footprint and enhance its product development pipeline. The strategic backing from industry-aligned investors suggests a focus on deepening integration within global supply chain networks. As the company transitions from its earlier growth phases into a more mature enterprise-level scaling stage, the emphasis will likely shift toward expanding market penetration and refining its robotic capabilities to meet the evolving demands of e-commerce and industrial automation sectors.

See full Pickle Robot company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Manufacturing industry

Boats & SubmarinesManufacturingCivil Engineering ConstructionConstruction
ManufacturingMedical Devices & EquipmentBusiness ServicesResearch & Development
ManufacturingPharmaceuticalsBusiness ServicesResearch & Development
Industrial Machinery & EquipmentManufacturing

Frequently Asked Questions Regarding Pickle Robot Financial Insights

What are the most recent funding rounds that Pickle Robot has completed, and what were the funding rounds?
Pickle Robot has recently completed 3 funding rounds: Series B on Nov 20, 2024, Series A on Nov 15, 2022, Series B on Nov 15, 2022.
What is the total amount of funding Pickle Robot has raised to date?
Pickle Robot has raised a total of $107.7M in funding to date.
How many funding rounds has Pickle Robot completed?
Pickle Robot has completed 3 funding rounds.
How much funding did Pickle Robot raise in its most recent funding round?
Pickle Robot raised $50M in its most recent funding round.
Who are the lead investors in Pickle Robot's latest funding round?
The lead investor in Pickle Robot's latest funding round was Teradyne. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Pickle Robot's history?
The largest funding round in Pickle Robot's history was $50M.
See more information about Pickle Robot