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Robot maker Fabric raises $110M to fund US expansion

from MultiChannel Merchant

Israeli automation startup Fabric, formerly known as CommonSense Robotics, has raised $110 million in a Series B round with plans to accelerate its U.S. growth in the U.S. including plans to build 14 on-site micro fulfillment centers to enable same-day delivery. Fabric has recently relocated its headquarters from Tel Aviv, where it still maintains an engineering operation, to New York. The funding will also be used to grow its U.S.-based commercial, operations, technical support and engineering teams. more

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