Covariant

AI robotic solutions to automate pick-and-place processes at warehouses and fulfillment centers.

About

Founded

2017

Headquarters

Berkeley, California

Industry

Robotics

Company Description

Our mission is to build the Covariant Brain, a universal AI to give robots the ability to see, reason and act on the world around them. Bringing AI from research in the lab to the infinite variability and constant change of our customer’s real-world operations requires new ideas, approaches and techniques.

Quick Links

Website Jobs

Funding

Total Raised

$222 million

Valuation

Undisclosed

Significant Investors

Radical Ventures, Index Ventures, Gates Frontier Holdings, AIX Ventures, Northgate Capital, Canada Pension Plan Investment Board, Amplify Partners

Company Traction

Covariant customers include fulfillment companies like Otto Group, McKesson, Bpost, Radial, Active Ants, GXO, Würth, Brødrene Dahl, Obeta, and Capacity.

In 2022, Covariant reported 6x growth and landed its first grocery and home improvement customers.

Leadership Team

Peter Chen: Co-Founder & CEO of Covariant. Former Research Scientist at OpenAI.

Pieter Abbeel: Co-Founder, President, and Chief Scientist at Covariant. Professor at the University of California, Berkeley.

Tianhao Zhang: Co-Founder of Covariant. Former Software Engineering Intern at MongoDB.

Ted Stinson: COO at Covariant. Former VP of Worldwide Sales at PernixData.

Heather Carroll: CRO at Covariant. Former Chief Customer Officer at Takeoff Technologies.

Press

The Robot Report (April 10, 2023): Covariant raises $75M for robotic picking technology

TechCrunch (March 28, 2023): Covariant’s CEO on building AI that helps robots learn

TechCrunch (July 27, 2021): Robotic AI firm Covariant raises another $80 million