Gather AI secures new cash to scan inventory in warehouses using drones

Gather AI, a startup using drones to inventory items in warehouses, today announced that it raised $10 million in a Series A round led by Tribeca Venture Partners with participation from Xplorer Capital, Dundee Venture Capital, Expa, Bling Capital, XRC Labs and 99 Tartans. The proceeds bring the company's total raised to $17 million, which CEO Sankalp Arora says is being put toward expanding Gather's deployment capacity and go-to-market plans as well as hiring new machine learning engineers. Arora co-founded Gather AI in 2019 with Daniel Maturana and Geetesh Dubey, graduate students at Carnegie Mellon's Robotics Institute. The trio had the idea to use drones to gather data -- specifically data in warehouses, such as the number of items on a shelf and the locations of particular pallets. Over the course of several years, they designed a prototype of an inventory monitoring system that used off-the-shelf autonomous drones, which became Gather's core product.