Tag: Paul Hvass

Plus One Robotics, a San Antonio-based leading provider of advanced AI vision software and solutions for robotic parcel handling, closed a $50 million Series C funding round Tuesday. Scale Venture Partners led the round, with participation from Top Tier Capital Partners, Tyche Partners, and ROBO Global Ventures, along with previous investors.The funding will support Plus One’s ongoing expansion in the U.S. and Europe and product development driven by the global boom in e-commerce. The Series C brings the San Antonio-based startup’s total funding up to $94 million to date, which includes their $33 million Series B funding in 2021.Plus One co-founders Nieves, Shaun Edwards, and Paul Hvass have combined several advanced technologies to automate warehouse operations for e-commerce comp...

Plus One Robotics, a San Antonio-based leading provider of vision software for logistics robots, closed a $33 million Series B funding round Tuesday. The funding will support Plus One’s ongoing expansion in the U.S. and Europe and product development driven by the global boom in e-commerce.McRock Capital, an industrial Internet of Things (IoT) fund and early-stage Silicon Valley venture capital firm TransLink Ventures, co-led the round. Existing investors joined automotive industry-focused BMW i Ventures and Kensington Capital Partners, along with innovation investors Perot Jain and Ironspring Ventures, to participate in the Series B round.Whitney Rockley of McRock Capital and Toshi Otani of TransLink will join Plus One's Board of Directors.The fundraising started just before t...