Friday, April 19, 2024
HomeFinanceFabric Raises $110 Million

Fabric Raises $110 Million

Fabric
Fabric Team

Common Sense Robotics, now known as Fabric, has raised $110 Million. The funding round was led by Corner Ventures. Also participating were Aleph Funds, CPPIB, Innovative Endeavors, Temasek and La Maison. Fabric has developed an automated robotic system for warehouse fulfillment. The company’s products can fulfill 400 orders a day. Fabric is installing its system under the Shalom Tower in Tel Aviv, to provide one-hour grocery delivery throughout mid-Tel Aviv.

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