Refraction AI, the robotics startup and creator of the REV-1, a low-cost, lightweight autonomous delivery robot, raised $4.2 million in new seed funding led by Pillar VC. The capital will be used for customer acquisition, geographic expansion and product development.
Founded in July 2019, Refraction AI solves last-mile delivery logistics with a practical, economical and sustainable application of mobile robot technology. The pandemic has made home delivery of food, medicine and other necessities directly from retailers and restaurants a necessity. The Refraction REV-1 autonomous delivery robot is the ideal way for restaurants, grocers and other retailers to benefit from these trends reliably, affordably and sustainably.
Since its inception, Refraction AI has deployed the first application of its technology serving restaurants and grocery stores in its Ann Arbor, Mich., location. With new capital, the company plans to expand both the geographic and industry reach of its last-mile delivery as a service offering.