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Back to Reports
Robotics

Covariant

Covariant raises $75M Series D at $625M valuation

Berkeley, CAMay 16, 20241 min read
Total Raised
$75M
Valuation
$625M
Latest Round
Series D
Employees
120+

Covariant: Series D Funding Round

Covariant has successfully raised $75M in Series D funding, reaching a valuation of $625M.

Company Overview

AI robotics platform for warehouse automation and pick-and-place operations

Funding Details

The Series D round was led by Index Ventures, with participation from Radical Ventures.

Company Information

  • Headquarters: Berkeley, CA
  • Founded: 2017
  • Employees: 120+
  • Category: Robotics

Investment

Covariant plans to use the funds to accelerate product development, expand its team, and scale operations globally.

About the Investors

  • Index Ventures: Verified investor in Series D
  • Radical Ventures: Verified investor in Series D

Company Info

Headquarters
Berkeley, CA
Founded
2017
Team Size
120+
Last Round
$75M(May 2024)

Investors (2)

I
Index VenturesLead
Lead Investor
Verified investor in Series D
R
Radical Ventures
Investor
Verified investor in Series D

Topics

verified(3079)real-funding(3079)covariantroboticsseries-dberkeley

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