# Karakuri

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/karakuri

- Industry: Industrial Machinery
- Headquarters: London, UK
- Website: www.karakuri.com
- Total disclosed funding: $9.1M
- Latest round: Seed (Apr 18, 2019)
- Investors on record: 4

## About

Karakuri Ltd. is a robotics and automation company that enhances supply chain efficiency through intelligent robotic systems, designed to streamline operations and optimize logistics for various industries.Karakuri Ltd., founded in 2018, is based in London, UK, and focuses on developing advanced robotic solutions. The company has successfully completed 3 deals, with its most recent deal occurring on June 18, 2023, where it raised GBP 6.3 mn in funding led by Firstminute Capital. Brent Hoberman, the founder, is known for his entrepreneurial ventures in technology and innovation.Karakuri specializes in robotics and automation technologies aimed at improving supply chain efficiency and productivity. Their intelligent robotic systems enhance warehouse operations, optimize inventory management, and streamline order fulfillment across sectors such as retail, e-commerce, and manufacturing. These solutions are designed for easy integration into existing logistics frameworks, and are marketed primarily in North America, Europe, and parts of Asia.Karakuri's revenue model centers on direct sales and strategic partnerships in B2B transactions for automation solutions. They establish long-term contracts that include tailored robotic systems along with ongoing support. Their transactions often comprise service agreements and maintenance packages, ensuring clients receive continuous system updates and technical assistance. The pricing structure is flexible, catering to various client needs, allowing for one-time purchases and subscription services for software and maintenance.As of June 2023, Karakuri Ltd. has ceased its operations. Prior to this shutdown, the company had plans for launching new robotics products and expanding into additional markets. However, with the recent closure, the future growth strategy has been rendered moot.

## Funding rounds

- Seed, Apr 18, 2019, $9.1M — Ocado Group plc, Hoxton Ventures, Firstminute Capital, Taylor Brothers

## Investors

- Ocado Group plc — Seed
- Hoxton Ventures (https://capitalatlas.ai/funds/hoxton-ventures) — Seed
- Firstminute Capital (https://capitalatlas.ai/funds/firstminute-capital) — Seed
- Taylor Brothers — Seed