Fedex led a $106m Series C round in Nimble.

Fedex, a conglomerate holding company focused on transportation, e-commerce and business services, led a $106m Series C funding round in Nimble, an AI robotics and autonomous e-commerce fulfillment technology company, with participation from Cedar Pine. “Today’s warehouse automation systems require integrators to stitch together fragmented point solutions from dozens of equipment and software vendors, resulting in overly complex, inefficient, and expensive systems that are difficult to integrate, operate and maintain. The unattractive ROI and operational challenges of patchwork systems has limited the adoption of robotics to just 10% of the market," Simon Kalouche, Nimble Founder and CEO.