Business
Unbox Robotics Secures US$28 million in Series B Fundraise Led by ICICI Venture
Unbox Robotics, a leading supply chain robotics technology company, today announced that it has secured US$28 million (INR 243 crore) in Series B funding, led by ICICI Venture and Redstart Labs (Infoedge), with co-investment from F-Prime, 3one4 Capital, Navam Capital, Force Ventures, and other existing investors. This funding round, comprising a mix of primary and secondary capital, will be utilized towards strengthening the leadership and engineering teams, accelerating new product development,
About this update from Icici Bank Limited
[{"type":"text","content":"The company to use the funds to strengthen leadership & engineering teams, accelerate product development and expand market presence in India & globallyThe company also created meaningful liquidity for employees through its ESOP program as part of the transaction","length":277,"tagName":"p","attribs":{}},{"type":"text","content":"PUNE, India, Jan. 21, 2026 /PRNewswire/ -- Unbox Robotics, a leading supply chain robotics technology company, today announced that it has secured US$28 million (INR 243 crore) in Series B funding, led by ICICI Venture and Redstart Labs (Infoedge), with co-investment from F-Prime, 3one4 Capital, Navam Capital, Force Ventures, and other existing investors. This funding round, comprising a mix of primary and secondary capital, will be utilized towards strengthening the leadership and engineering teams, accelerating new product development, and expanding market presence across India and select international markets.","length":625,"tagName":"p"},{"type":"image","alt":"Rohit Pitale, Chief Growth & Product Officer, Pramod Ghadge, Co-Founder & Chief Executive Officer, Shahid Memon, Co-Founder & Chief Technology and Operations Officer","displaySize":"","headline":null,"caption":"Rohit Pitale, Chief Growth & Product Officer, Pramod Ghadge, Co-Founder & Chief Executive Officer, Shahid Memon, Co-Founder & Chief Technology and Operations Officer","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":279,"url":"https://media.zenfs.com/en/prnewswire.com/70f26eae25f820062bd0d0d8b169f514"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/qXN0K0Jd3VBsXS8cPWkVGQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTQ5MjtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/70f26eae25f820062bd0d0d8b169f514","width":400,"height":279}}},{"type":"text","content":"This fundraise marks a key step for Unbox Robotics as the company scales its mission of transforming warehouse and logistics operations through intelligent robotics and automation. The company also created meaningful liquidity for employees through its ESOP program as part of the transaction.","length":293,"tagName":"p"},{"type":"text","content":"Founded with the vision of transforming intralogistics through intelligent automation, Unbox Robotics designs and deploys modular robotic systems that enable faster, scalable, and ...