Covariant
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Covariant - overview
Established
2017
Location
Emeryville, CA, US
Primary Industry
Software
About
Founded in 2017 and based in California, US, Embodied Intelligence Inc. trading under the name Covariant operates as a developer of artificial intelligence software that allows robots to see, reason and act on the world around them. In April 2023, Covariant raised USD 75 million in series C funding co-led by returning investors Radical Ventures and Index Venture, with participation from other new investors Gates Frontier Holdings, AIX Ventures, and Northgate Capital. Returning investors Canada Pension Plan Investment Board and Amplify Partners also participated in the round.
The company's software provides solutions for various processes such as putwall, induction, goods-to-person picking, kitting, and depalletization.
Current Investors
Lux Capital, SV Angel, Amplify Partners
Primary Industry
Software
Sub Industries
Analytics & Performance Software
Website
www.covariant.ai
Verticals
Artificial Intelligence, Artificial Intelligence, Robotics
Company Stage
Series C
Total Amount Raised
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