Israeli robotics company CommonSense has raised $20 million in Series A funding led by Playground Global with participation from Aleph VC and Innovation Endeavors, the early stage VC firm of former Google CEO Eric Schmidt.
The new funds – which follow $6 million in seed funding last August – will be invested in product deployment, AI development, and expanding its sales operations globally. CommonSense is targeting its technology at the grocery delivery supply chain and fulfilment centres to accelerate the process of filling and sending out grocery orders in one hour, on-demand.
CommonSense is testing its technology in Tel Aviv and plans to open operational facilities in the UK, Israel, and the US this year.
The company has a “vision to make on-demand retail accessible to consumers and retailers alike,” said CEO Elram Goren.
“The epicenter of this shift is a drastic change to how food is accessed, bought, paid for and eventually prepared,” he continued. “We are excited to be facilitating a paradigm shift around how grocers sell and consumers access food. We believe our solution will play a critical role in how grocery and the food industry evolve.”