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Feb 19, 2026
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Startups
Artificial Intelligence
Asia
NewDecoded
3 min read
Image by Unbox Robotics
Unbox Robotics, a supply chain technology leader based in Pune, has raised $28 million in a Series B funding round to accelerate its global expansion. The investment was co-led by ICICI Venture and Redstart Labs (Infoedge), with participation from US-based F-Prime Capital and existing investors like 3one4 Capital. This capital infusion is designated for strengthening engineering teams and scaling the company's modular robotic systems across India, the United States, and Europe.
The transaction notably includes a secondary capital component that created liquidity for employees through an ESOP buyback program. This milestone follows a period of rapid acceleration where the company reported five times year-on-year growth. Most significantly, Unbox Robotics has achieved profitability, a milestone that distinguishes it from many high-burn startups in the robotics and hardware industry.
At the core of the company's success is its proprietary UnboxSort technology, which utilizes 3D vertical sorting to optimize warehouse operations. By leveraging swarm intelligence, a fleet of robots can coordinate dynamically to process orders with minimal infrastructure requirements. This vertical approach allows enterprises to save up to 70 percent of their warehouse floor space while deploying systems in as little as two weeks.
The partnership with ICICI Venture provides the company with deep institutional expertise and strong governance as it enters a new phase of maturity. Meanwhile, the involvement of F-Prime Capital is expected to provide the necessary network for North American expansion. The US market faces significant labor shortages in warehousing, creating a massive opportunity for high-ROI automation solutions that can be integrated quickly.
Pramod Ghadge, CEO of Unbox Robotics, stated that the company is now doubling down on scaling its products across key global markets as demand for automation continues to grow. The firm plans to build a world-class team to support its increasing customer base of e-commerce and retail operators. This Series B round ensures that the startup has the resources to compete with established global incumbents while maintaining its focus on efficiency.
This funding marks a pivotal shift for the logistics industry as it moves toward high-density fulfillment solutions that prioritize vertical space over horizontal footprints. With urban real estate costs climbing and the demand for quick commerce rising, the ability to automate efficiently in smaller spaces offers a massive competitive edge. Investors are increasingly favoring companies like Unbox Robotics that demonstrate sustainable unit economics and profitability, a rarity in the capital-intensive hardware sector. This round positions the firm to directly challenge global incumbents by offering a more flexible and rapidly deployable alternative for modern micro-fulfillment centers.