Robotic dark store developer 1MRobotics has raised a $16.5 million Series A funding round led by Ibex Investors.
Ibex was joined in the round by existing investors including Emerge VC, Target Global, and INT3.
With the latest funding, the company has now raised $25 million, which includes a $8.5 million seed round.
Tel Aviv-headquartered 1MRobotics was founded in 2021 by Eyal Yair (CEO), and Roee Tuval (COO).
Yair has been a serial entrepreneur and has earlier founded and sold two companies, while Tuval has been consulting tech companies for the last 15 years.
The company says it develops fully automated, small, and flexible dark stores enabling effective and profitable last-mile operations for the world’s largest brands and service providers.
Israeli startup Tymely, which has developed an AI-based outsourced contact centre for text channels built to combat poor customer support, has raised $7 milion in a seed funding round.
The seed round was backed by Hetz Ventures and DESCOvery, the D.E. Shaw group’s venture studio.
Tymely was founded by Ohad Rozen, the chief executive officer, and Roy Penn, the chief technology officer.
Before Tymely, Rozen had raised $7 million as CEO of Toonimo. Penn was the former VP of Engineering at Amenity Analytics, which raised more than $30 million.