Gather AI Raises $40M Series B to Scale its Physical AI Platform for Global Logistics
· Source: theaiinsider.tech
In short
Gather AI has secured $40 million in Series B funding led by Smith Point Capital Management to expand its Physical AI platform for global logistics operations. The Pittsburgh-based company's vision-based platform uses drones and mobile equipment to provide real-time inventory verification, achieving 99.9% accuracy and reducing manual counting by up to 80%. The funding will support expansion to hundreds of additional facilities worldwide and advance predictive capabilities for proactive inventory and workflow orchestration.
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Tags: logistics, inventory, automation, warehouse, drones, visibility