Boxbot, a startup previously focused on autonomous last-mile delivery, has pivoted to developing warehouse solutions, particularly a space-efficient three-dimensional conveyor system for parcels. Today, the company also announced a USD 12 million Series A funding round led by Playground Global, with participation from Maersk Growth, Toyota Ventures, Pear Ventures, and Artiman Ventures. This brings Boxbot's total funding to USD 29.5 million.

The company intends to utilize the funds to strengthen the company's engineering and business operations and to accelerate its go-to-market approach.

Boxbot is currently in discussions with partners and has identified several sites for testing its warehouse automation technology. The company has conducted pilot tests in various use cases and notes the technology can be deployed at last-mile delivery centers, bonded storage warehouses, and customer pickup locations.

Boxbot converts conveyors into intelligent, three-dimensional package handling systems. Its platform can store, sort, and sequence high-throughput payloads while requiring minimal physical space. The company aims to drive down the costs of last-mile delivery through warehouse automation, optimizing routing and enabling sustained volume growth.