Corvus Robotics Soars with $23.1M Funding to Transform Warehouse Inventory Management with Autonomous Drones

Corvus Robotics is excited to announce a major milestone in our journey to revolutionize warehouse management—we have successfully raised $23,100,000 in our latest funding round. This significant investment reinforces our commitment to innovation and validates our mission to modernize inventory tracking. As a company, Corvus Robotics is on a mission to take the grunt work out of inventory management, enabling smarter, more efficient warehouses. Our cutting-edge, fully autonomous drones are designed to scan, count, and track pallets of inventory with unparalleled accuracy, eliminating the need for outdated clipboards and manual counts. With our technology, businesses can achieve inventory accuracy up to 99%, drastically reducing the risk of stock surprises and freeing up valuable human resources to focus on high-impact tasks that drive growth and efficiency. The capital raised will be allocated strategically to further enhance our autonomous drone technology, integrate advanced analytics for real-time visibility, and expand our operational footprint to serve a broader customer base. We plan to invest in research and development to refine our scanning systems, improve drone reliability, and accelerate our transition to a more intelligent, data-driven supply chain solution. Additionally, the funds will support scaling our operations and strengthening our customer support infrastructure, ensuring that businesses adopting our solution experience a seamless transition to smarter warehousing practices. This funding marks a new chapter for Corvus Robotics, as we continue to transform how companies manage their inventories by reducing time, energy, and costs associated with manual processes. Smarter warehouses start here, and we are thrilled to lead the charge into a future where real-time insights and automation set the standard for inventory accuracy and operational excellence.