Ottonomy Closes $3.3 Million Seed Round Led by pi Ventures and Announces Ottobot 2.0

Ottonomy.IO has announced the close of their seed funding round of $3.3 million bringing its total funding to date to $4.9M; supporting the scale of Ottobots for fully autonomous airport, retail and restaurant deliveries. The funding round is led by Pi Ventures who back deep tech startups. Connetic Ventures and Branded Hospitality Ventures and the Founder & CEO of Addverb Technologies, Sangeet Kumar, also joined this round; making the group a dynamic mix from retail, food and robotics industry investors for Ottonomy's seed round. "Last mile delivery is the least productive, yet the most expensive part of the delivery chain. There is a strong need for automation, which Ottonomy fulfills with Ottobots," says Roopan Aulakh, Managing Director from pi Ventures.