Corvus Robotics raises $20M as co-founder Kabir takes CEO role
What's the deal? Corvus Robotics has raised $20 million and named co-founder and chief technology officer Mohammed Kabir as chief executive officer. He succeeds co-founder Jackie Wu, who is stepping back for health reasons and moving to the board.
The Mountain View company builds physical AI robotic systems — autonomous drones and forklift-mounted tools — that scan warehouses and generate continuous inventory data. The round brings its total raised to $38 million.
Who's backing it? Catalyst InvestorsDealroom has a profile for this one. Try Dealroom →, a New York growth equity firm, led the round. Existing investors S2G Investments, Spero Ventures, and F7 VenturesDealroom has a profile for this one. Try Dealroom → returned, joined by new backer Cibus CapitalDealroom has a profile for this one. Try Dealroom →. Catalyst's Sidney Kullar joins the board.
What's the endgame? Corvus replaces manual, delayed inventory counts with what it calls "ground truth" captured by robots that run inside working facilities without localization infrastructure. Its fleet analyzes more than a million locations every month.
By the numbers: The company now has more than 300 devices deployed across 26 US states, Canada, and Mexico, serving over 30 enterprise customers. Southern Glazer's Wine & SpiritsDealroom has a profile for this one. Try Dealroom → identified more than 35,000 verified inventory discrepancies, while GNCDealroom has a profile for this one. Try Dealroom → redirected 35% of its inventory control labor to higher-value work.
Why now? The transition follows the broadest product expansion in the company's history. Corvus launched a cold chain robot in February 2026 that operates down to -20°F, then introduced Trident, a forklift-mounted AI copilot, in April.
The signal: Kabir and Wu have been building Corvus since 2017, starting with a prototype in Kabir's MIT dorm room. The funding and leadership change point to a bet that continuous, real-time inventory data can become the foundation for how warehouses are run.
Read more: corvus-robotics.com
Image credit: Generated with Gemini
