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COINTURK FINANCE > Startup > DELIVERS.AI Reaches $36M Valuation with New Funding
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DELIVERS.AI Reaches $36M Valuation with New Funding

Overview

  • DELIVERS.AI secures $36M valuation with new funding round.

  • AI-powered robots aim to revolutionize last-mile logistics.

  • High-profile partnerships showcase practical viability and efficiency.

COINTURK FINANCE
COINTURK FINANCE 1 year ago
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DELIVERS.AI, a Turkish-founded robotics company based in Warwick, has secured a $36 million valuation following a fresh, undisclosed funding round. The investment round saw contributions from Japan Post Capital, Turkey Development Fund, Impetus Capital, and Istanbul Technical University. This development marks a significant milestone for DELIVERS.AI as it continues to expand its influence in the autonomous delivery market.

Contents
Autonomous Mobility PlatformHigh-Profile Partnerships

In previous reports, DELIVERS.AI has been highlighted for completing over 100,000 autonomous deliveries in Europe and the UK, partnering with major clients like Carrefour, SPAR, and Glovo. Their innovative approach to last-mile logistics has drawn attention from various investors. This recent investment round further solidifies the company’s position in the market, reflecting the growing interest and confidence in autonomous delivery solutions worldwide.

The company has achieved notable advancements with its autonomous mobility platform, which integrates AI-powered, low-emission pavement delivery robots and vehicles. This platform aims to revolutionize last-mile logistics by making it more affordable and sustainable.

Autonomous Mobility Platform

DELIVERS.AI’s platform is designed to transport goods across short distances, making it ideal for use in local neighborhoods, shopping malls, and airports. The robots utilize advanced autonomous driving technologies and are equipped with multiple sensors and cameras. Their real-time localization and machine learning algorithms ensure they can respond to any situation promptly.

High-Profile Partnerships

The startup has formed significant partnerships, completing over 100,000 autonomous deliveries with prominent customers like Carrefour, SPAR, Glovo, Delivery Hero, and EVRI. These partnerships have helped the company demonstrate the practical viability and efficiency of its autonomous delivery solutions.

Founder and CTO Oral Yiğitkuş emphasized the company’s expansion, noting their operations in various cities and countries. He stated,

“As DELIVERS.AI, we deliver in different cities, different countries and different usage areas and we are actively expanding our fleet. We are introducing our autonomous mobility platform to automotive vehicle manufacturers. With the newly announced investment from Japan Post Capital, we will act as a catalyst in the spread of autonomous delivery services in Japan.”

Japan Post Capital President Toshiya Maruta added,

“As Japan Post Capital, we actively seek and invest in companies with high growth potential that can cooperate with Japan Post Group. DELIVERS.AI provides excellent autonomous robots with easy-to-understand operator control. This service is provided through a robot and vehicle-independent model and a B2B subscription model. We believe our strengths are low mass production costs. Together, we will contribute to the growth of the robot delivery market in Japan.”

DELIVERS.AI’s development in autonomous delivery solutions demonstrates its potential to reshape last-mile logistics. The company’s strong focus on sustainability and affordability positions it as a leader in the sector. Investors and partners recognize the value of their innovative platform, as evidenced by the recent funding round and $36 million valuation. The company’s ongoing expansion and advanced technology continue to attract attention, promising further growth and influence in the global market. The collaboration with notable partners and investors, along with the deployment of cutting-edge technology, ensures that DELIVERS.AI remains at the forefront of the autonomous delivery industry.

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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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