Deus Robotics, a Ukrainian startup specializing in warehouse robotics engineering and software development, announced this week that it has raised $1.5 million in seed funding from SMRK VC, a leading Ukrainian venture fund, at an undisclosed valuation. The company has a valuation of $15 million, according to investors.

The investment will help the company attract new customers in the US and Europe and expand its line of robotic warehouse solutions, it said.

Deus Robotics was established in 2018 with the aim of changing business processes, assuring faster and better results. The company said it dedicated to solving tasks for fulfillment and sorting ops across different industries, including logistics and e-commerce.

Prior to the investment, Deus Robotics successfully completed one of its biggest pilot projects. The startup produced over 40 robots for parcel sorting and rack transportation for Ukraine’s largest private postal operator, Nova Poshta.

Source: www.inventure.com.ua