{"id":3376,"date":"2023-04-07T20:45:39","date_gmt":"2023-04-07T20:45:39","guid":{"rendered":"https:\/\/founderlodge.com\/latest-news\/?p=3376"},"modified":"2023-04-07T20:45:40","modified_gmt":"2023-04-07T20:45:40","slug":"avs-pulsecovariant-has-secured-222m-in-series-c-funding-led-by-investors","status":"publish","type":"post","link":"https:\/\/founderlodge.com\/latest-news\/avs-pulsecovariant-has-secured-222m-in-series-c-funding-led-by-investors\/","title":{"rendered":"AVS PulseCovariant has secured $222M in Series C funding led by investors"},"content":{"rendered":"\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"212\" height=\"44\" src=\"https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/04\/logo-21.jpg\" alt=\"logo of AVS PulseCovariant\" class=\"wp-image-3378\" \/><\/figure>\n\n\n\n<p>Revolutionizing the robotics industry with AI-powered automation, <a href=\"https:\/\/covariant.ai\/\">AVS PulseCovariant<\/a> has secured $222M in Series C funding led by <a href=\"https:\/\/radical.vc\/\">Radical Ventures<\/a>, <a href=\"https:\/\/www.indexventures.com\/\">Index Ventures<\/a>, <a href=\"https:\/\/www.amplifypartners.com\/\">Amplify Partners<\/a>, <a href=\"https:\/\/www.cppinvestments.com\/\">CPP Investments | Investissements<\/a>, <a href=\"https:\/\/www.aixventures.com\/\">AIX Ventures<\/a>, and <a href=\"http:\/\/northgate.com\/\">Northgate Capital<\/a>. Founded by <a href=\"https:\/\/www.linkedin.com\/in\/peter-chen-25178356\/\">Peter Chen<\/a>, the Berkeley-based startup offers the Covariant Brain, a single AI robotics platform that can meet all automation needs. Trained on millions of picks from Covariant robots in warehouses worldwide, the Covariant Brain allows robots to pick virtually any SKU or item on the very first day, thanks to the groundbreaking work of the company&#8217;s founding researchers.\u00a0<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/04\/team-21-1024x576.jpg\" alt=\"founding team about AVS PulseCovariant\" class=\"wp-image-3377\" srcset=\"https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/04\/team-21-1024x576.jpg 1024w, https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/04\/team-21-300x169.jpg 300w, https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/04\/team-21-768x432.jpg 768w, https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/04\/team-21.jpg 1073w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>With AVS PulseCovariant, the possibilities of AI in the industries it serves are limitless. The company&#8217;s unique strengths include the ability to automate multiple use cases across multiple facilities, work flexibly with any integration provider of choice, and adapt to changing and dynamic business needs. The broad portfolio of AI robotic systems, which includes the Putwall, Induction, Goods-to-Person Picking, Kitting, and Depalletization systems, is seamlessly integrated into fulfillment and distribution center operations. In short, AVS PulseCovariant is transforming the world of robotics, one AI-powered innovation at a time.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Revolutionizing the robotics industry with AI-powered automation, AVS PulseCovariant has secured $222M in Series C funding led by Radical Ventures, Index Ventures, Amplify Partners, CPP Investments | Investissements, AIX Ventures, and Northgate Capital. Founded by Peter Chen, the Berkeley-based startup offers the Covariant Brain, a single AI robotics platform that can meet all automation needs. [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":3379,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":""},"categories":[2],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.2.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>AVS PulseCovariant has secured $222M in Series C funding led by investors - Founder Lodge Latest News<\/title>\n<meta name=\"description\" content=\"Revolutionizing the robotics industry with AI-powered automation, AVS PulseCovariant has secured $222M in Series C funding led by Radical Ventures, Index\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/founderlodge.com\/latest-news\/avs-pulsecovariant-has-secured-222m-in-series-c-funding-led-by-investors\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AVS PulseCovariant has secured $222M in Series C funding led by investors - 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