FEDEX ANNOUNCES EXPANSION OF FEDEX FULFILLMENT WITH NIMBLE ALLIANCE

FedEx Corporation (NYSE: FDX) today announced a strategic alliance and investment with Nimble, an AI robotics and autonomous e-commerce fulfillment technology company, to scale FedEx Fulfillment with their fully autonomous 3PL model. To support this alliance, FedEx has made a strategic investment in Nimble.

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NIMBLE LAUNCHES NEXT-GEN ROBOTIC 3PL SERVICE, WORKING TOWARDS A FULLY AUTONOMOUS FULFILLMENT NETWORK TO GIVE ECOMMERCE BRANDS ECONOMICAL 2-DAY OR LESS DELIVERY

Nimble, an autonomous logistics and AI robotics company, announced today that it has raised $65 million in a Series B financing round led by Cedar Pine, with participation from existing investors DNS Capital, GSR Ventures, and Breyer Capital, among others. The additional funds bring total capital raised to $115 million.

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NIMBLE ® ROBOTICS RAISES $50 MILLION TO BUILD THE FUTURE OF ON-DEMAND ROBOTIC FULFILLMENT

Nimble Robotics, Inc., a robotics and ecommerce fulfillment technology company, today announced a $50 million Series A financing led by DNS Capital and GSR Ventures with participation from Accel and Reinvent Capital among others. The capital raised will further accelerate the company’s hiring plans, product and technology development and scali [...]