Covariant is a robotics and software company that develops AI technology to enable robots to handle complex tasks in warehouses and other unstructured environments. Its Covariant Brain software is deployed in warehouses globally, powering picking and sorting robots that can understand natural language instructions and adapt to new situations. Founded in 2017, Covariant has over 100 employees and works with multiple Fortune 500 customers.
Covariant's founders bring deep expertise in AI and robotics from their research backgrounds. CEO Peter Chen, CTO Rocky Duan, and Chief Scientist Pieter Abbeel previously worked at OpenAI, while Abbeel is also a UC Berkeley professor who advised the founders during their PhD studies there. The team's experience gives them a strong foundation for developing advanced AI that can meet the challenges of real-world robotics.
Covariant has raised over $200 million in funding to expand its platform to new use cases beyond warehouse robotics. However, the company faces the challenge of proving its technology can meet high reliability and safety requirements as it scales to more environments. If you’re passionate about applying cutting-edge AI to real-world robotics, Covariant offers the opportunity to work with leading researchers on technology that is already deployed in production.
2017
Founded
100-250
Employees
Series C
Stage
$500M-$1B
Latest Valuation
$200-400M
Total Funding
Jun 14 2023
Last Fundraise
Why is the rating
Top Previous Employers
Dematic
Meta
Microsoft
University of California, Berkeley
Investors
Index Ventures
Notion, Roblox, Confluent