Cartken raises $10 million financing led by 468 Capital

Jul 3, 2024 · Funding · Cartken · Warehouse Logistics

Cartken announced USD 22.5 million in aggregate funding, including a latest USD 10 million round for autonomous delivery robots.

Cartken company media
Company media · Cartken
  • 468 Capital led the $10 million financing, with Incubate Fund, LDV Partners and Vela Partners participating.
  • Strategic participants included Magna International, Mitsubishi Electric, Shell Ventures and Volex.
  • Cartken said the round brought cumulative funding to $22.5 million and would advance its autonomy stack and enterprise partnerships.

Cartken builds autonomous mobile robots for last-mile delivery, campus logistics and industrial material movement. Its systems operate across mixed indoor-outdoor routes, using vision-based autonomy and remote assistance for complex environments.