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After The Funding Round: Now Valued At $3 Billion, Stord Rolls Out New Physical Intelligence Lab (opens original article in a new tab)

TL;DR

Stord, a Georgia Tech startup, closed a $250 million Series F funding round at a $3 billion valuation, expanding its warehousing infrastructure and launching a Physical Intelligence Lab to develop AI and automation for fulfillment. The company has grown 10x in revenue over four years and made strategic acquisitions to enhance its global reach.

  • Stord raised $250 million in Series F funding, valuing the company at $3 billion.
  • The company expanded its infrastructure through acquisitions of Ware2Go and Shipwire, and opened new fulfillment centers.
  • Stord launched a Physical Intelligence Lab to test and deploy AI, robotics, and automation in real-world fulfillment scenarios.

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