Autonomous robotics delivery startup Ottonomy.IO has closed a seed funding round of $3.3 million, bringing its total funding to date to $4.9 million.

The round was led by Pi Ventures. Connetic Ventures and Branded Hospitality Ventures and the Founder and CEO of Addverb Technologies, Sangeet Kumar, also participated.

“Last mile delivery is the least productive, yet the most expensive part of the delivery chain. There is a strong need for automation, which Ottonomy fulfils with Ottobots,” says Roopan Aulakh, Managing Director at Pi Ventures.

“Ottobots are equipped with a sophisticated tech stack both at hardware and AI level. The founding team here brings years of multi-functional robotics experience, reflecting in the world class product that they have built and commercialised.”

Earlier this year, the Ottobots became the world's first autonomous robots to deliver food, beverage and travel retail items at airports.

The Ottobot 2.0 has evolved from early pilots to include fully customisable modular cabins, increased access for customers and directional mobility, including crab mode.

“The team and I have been deeply vested into autonomous driving for more than a decade,” says Co-founder and CEO, Ritukar Vijay.

“We believe fully autonomous delivery robots are not only a precursor to autonomous vehicle proliferation but are solving today’s biggest challenges like - the labour shortage; enabling staff to do more with less.”

“Introducing Ottobot 2.0, we are bringing best in class maneuverability, accessibility and modularity to our fully autonomous robots; which sets us ahead of our competition.”

Following on from work at Cincinnati International Airport, Ottonomy.IO has started partnerships with multiple airports across the US and Europe.

In addition to expanding its curbside and last mile delivery technology advances, the company says it is involved with top Fortune 500 corporations in the retail and restaurants industry across North America.

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