Nimble
Assembly Line
Nimble Closes $106 Million Series C Funding Round, Scales Fully Autonomous Fulfillment with FedEx
Nimble, a pioneering AI robotics and autonomous e-commerce fulfillment technology company, announced the successful closure of a $106 million Series C funding round elevating the company to a $1 billion valuation.
The funding round was led by FedEx and co-led by existing shareholder Cedar Pine LLC. As part of their strategic alliance, FedEx has entered into a commercial agreement to scale its FedEx Fulfillment service using Nimble’s technology and fully autonomous 3PL model. The investment underscores FedEx’s confidence in Nimble’s groundbreaking technology and its commercial potential.
The new capital will be strategically deployed to scale robot manufacturing and system deployments while enabling further investments in R&D towards Nimble’s mission of inventing autonomous logistics.