Nimble

Summary

Nimble, a pioneering AI robotics and autonomous e-commerce fulfillment technology company, announced the successful closure of a $106 million Series C funding round elevating the company to a $1 billion valuation. The funding round was led by FedEx and co-led by existing shareholder Cedar Pine LLC. As part of their strategic alliance, FedEx has entered into a commercial agreement to scale its FedEx Fulfillment service using Nimble's technology and fully autonomous 3PL model.