Fabric

Low-Cost Robots Fleets for Grocery Inventory

2014

396

$362M

Series B

5

9

Fabric, formerly CommonSense Robotics, makes profitable on-demand e-commerce a reality. Its flexible micro-fulfillment solution was specifically designed to enable fast fulfillment from small spaces. By leveraging robotic automation, Fabric allows retailers to reduce costs and cut fulfillment times.Unlike any other micro-fulfillment solution, Fabrics software-led robotics and modular approach gives retailers the flexibility to build the fulfillment center that fits their requirements, allowing them to fulfill online orders at maximum speed while ensuring profitability. Retailers can choose a platform model to run and operate independently on their real estate or a service model in which fulfillment is offered as a service, with minimal capex investment.Founded in 2015, Fabric has raised $138 million to date and is backed by Aleph, Corner Ventures, Canada Pension Plan Investment Board (CPPIB), Innovation Endeavors, La Maison, Playground Ventures, and Temasek. With offices in New York City and Tel Aviv, Fabric is rapidly expanding its U.S. operations with over 170+ team members globally and 15 sites under development/contract, including two live micro-fulfillment centers.

NameTitleContact
Shay CohenVP Engineering1
Ori AvrahamCTO
Elram GorenCEO

NameTitleContact
Dror BermanPartner and Board…1
Eden ShochatEqual Partner and…1

Investor NameInvestor TypeAUM ($)
AlephVenture Capital830,000,000
Canada Pension Plan Investment BoardGovernment, Pension420,400,000,000
Corner VenturesVenture Capital38,150,000
Innovation EndeavorsVenture Capital833,500,000
La Maison PartnersVenture Capital0
Microsoft ScaleUP Tel AvivAccelerator0
Playground GlobalVenture Capital800,000,000
Playground Ventures0
TemasekInvestment Firm0

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