Robotics startup Bossa Nova has seen its total to-date funding raised climb to $41.7m after a series B round led by Paxion closed off at $17.5m. Pittsburgh robotic products are deployed in retail stores such as Walmart, which recently announced that it's expanding its use of Pittsburgh robots to 50 stores, to check that shelves are fully stocked and prices are accurate. Commenting on the round, Pittsburgh Chief Business Officer Martin Hitch said that the goal behind the fundraising was talent acquisition, as Bossa Nova hopes to expand its 80-strong workforce by 50%.
Robotics startup Bossa Nova has seen its total to-date funding raised climb to $41.7m after a series B round led by Paxion closed off at $17.5m. Bossa Nova's robotic products are deployed in retail stores such as Walmart, which recently announced that it's expanding its use of Bossa Nova's robots to 50 stores, to check that shelves are fully stocked and prices are accurate. Commenting on the round, Bossa Nova's Chief Business Officer Martin Hitch said that the goal behind the fundraising was talent acquisition, as Bossa Nova hopes to expand its 80-strong workforce by 50%.