Gather AI Raises $40M Led by Smith Point Capital Management to Scale its Physical AI Platform for Global Logistics
· Source: venturebeat.com
In short
Gather AI has secured $40 million in Series B funding to expand its Physical AI platform for logistics operations. The company's technology uses AI-powered vision on drones and material handling equipment to provide real-time inventory visibility with 99.9% accuracy, helping customers reduce manual counting by up to 80% and achieve ROI in under six months. The funding will support global expansion and development of predictive capabilities for proactive inventory management across warehouses, factories, and yards.
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In the issue of week 7, 2026: Agentic AI Moves to Mission-Critical in Supply Chain, Driving Measurable Gains
Tags: inventory, visibility, automation, warehouse, logistics, robotics