MOV.AI
MOV.AI is a technology company.
Financial History
MOV.AI has raised $15.6M across 4 funding rounds.
Frequently Asked Questions
How much funding has MOV.AI raised?
MOV.AI has raised $15.6M in total across 4 funding rounds.
MOV.AI is a technology company.
MOV.AI has raised $15.6M across 4 funding rounds.
MOV.AI has raised $15.6M in total across 4 funding rounds.
MOV.AI has raised $15.6M in total across 4 funding rounds.
MOV.AI's investors include Atooro Fund, Cherry Ventures, Felix Capital, Horizon Capital, NFX, Sapphire Ventures, State of Mind Ventures, Third Point Ventures, Vertex Ventures, Viola Ventures, Stefan Jeschonnek, Alumni Ventures.
MOV.AI is a Tel Aviv-based technology company that develops the Robotics Engine Platform, a comprehensive software solution for building, deploying, and operating autonomous mobile robots (AMRs). Built on the open-source ROS framework, it offers a visual IDE, drag-and-drop algorithms for navigation and perception (including SLAM), simulation tools, fleet management, and integration with systems like WMS/ERP/IoT.[1][2][3] The platform targets AMR manufacturers and integrators in manufacturing and logistics, solving the challenges of lengthy development cycles, high costs, and limited flexibility by enabling faster time-to-market and deployment in dynamic environments.[1][2][7] It serves sectors needing efficient automation, with growth evidenced by partnerships (e.g., for streamlined AMR production) and a focus on enterprise-grade enhancements like versioning and security.[1][3]
Founded in 2016 in Tel Aviv, Israel, MOV.AI (formerly Ground Drone) emerged from an unmet need in the robotics industry for a unified platform to simplify AMR development.[1][2] The founders leveraged ROS, the leading open-source middleware for robotics, to create a "full-blown Robotics Engine Platform" that abstracts complex processes, adds visual interfaces, and supports lifecycle management—addressing pain points like inefficient ROS processes and integration hurdles.[3][4] Early traction came from its intuitive web-based tools, enabling non-developers to deploy robots, which pivoted the company toward serving integrators and accelerating adoption in automation-heavy sectors.[2][5]
MOV.AI rides the explosive growth of AMRs and industrial automation, fueled by e-commerce logistics demands, labor shortages, and Industry 4.0 trends, where the embedded systems market is projected to hit $169 billion by 2032.[1] Its timing is ideal amid rising ROS adoption and the shift to flexible, AI-driven robots over rigid AGVs, enabling manufacturers to deploy smart fleets quickly in warehouses and factories.[1][2] By democratizing ROS for enterprises—adding efficiency, security, and scalability—MOV.AI influences the ecosystem, empowering integrators like those in material handling to compete with giants, fostering innovation in collaborative robotics, and bridging open-source with commercial viability.[4][5]
MOV.AI is poised to dominate AMR software as adoption surges, with expansions into ROS2, advanced AI integrations, and global partnerships driving scale—potentially capturing share in the booming logistics automation wave.[1][3] Trends like edge computing, multi-robot orchestration, and regulatory pushes for efficient manufacturing will shape its path, evolving its influence from enabler to standard-setter in dynamic environments. This positions MOV.AI to transform how robots are built today, delivering the flexible automation the world demands.[2][4]
MOV.AI has raised $15.6M across 4 funding rounds. Most recently, it raised $8.0M Series B in November 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Nov 1, 2022 | $8.0M Series B | Atooro Fund, Cherry Ventures, Felix Capital, Horizon Capital, NFX, Sapphire Ventures, State of Mind Ventures, Third Point Ventures, Vertex Ventures, Viola Ventures, Stefan Jeschonnek | |
| Oct 1, 2020 | $4.0M Series A | Atooro Fund, Cherry Ventures, Felix Capital, Horizon Capital, NFX, Sapphire Ventures, State of Mind Ventures, Third Point Ventures, Vertex Ventures, Viola Ventures, Stefan Jeschonnek | |
| Aug 1, 2018 | $3.0M Seed | Alumni Ventures, Atooro Fund, BITKRAFT Ventures, Cherry Ventures, Horizon Capital, Lightspeed Venture Partners, M12, NFX, Rainfall Ventures, Reach Capital, Sapphire Ventures, Third Point Ventures, Ulu Ventures, Vertex Ventures, Viola Ventures, Stefan Jeschonnek | |
| Mar 1, 2016 | $570K Seed | Felix Capital |