Nimble is using FedEx capital to scale autonomous fulfillment as a 3PL model

Nimble raised a $106 million Series C on October 23, 2024, led by FedEx and co-led by Cedar Pine, lifting the autonomous fulfillment company to a $1 billion valuation. The same announcement said FedEx entered a commercial agreement to scale FedEx Fulfillment using Nimble technology and Nimble's autonomous 3PL model.

Nimble sells an autonomous fulfillment service combining storage, retrieval, picking, packing, sorting, software and operations. FedEx is both an investor and a commercial partner.

Founder and CEO Simon Kalouche said traditional warehouse systems require operators to combine equipment and software from multiple vendors. Nimble combines its robots with a cloud logistics platform and sells fulfillment capacity.

Nimble operates a New Jersey robotic fulfillment centre and describes customer work in apparel, coffee and consumer goods. Its 3PL model covers the fulfillment workflow, including robotic picking.

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