Robotics

Covariant

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

$75M
Total Raised
Series D
Latest Round
2017
Founded
120+
Employees
Berkeley, CA
1 min read

Quick Facts

Valuation
$625M
Latest Round Size
$75M
Latest Round Date
May 2024

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

Key Investors

Index Ventures
Lead Investor
Verified investor in Series D
Radical Ventures
Investor
Verified investor in Series D

About the Author

Editorial Team
Editorial Team
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