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Corvus Robotics names new CEO, receives $20 million in new investment

by American Forklifts
August 25, 2026
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Corvus Robotics names new CEO, receives $20 million in new investment
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Corvus Robotics, a supplier of independent stock programs, introduced that co-founder and Leader Generation Officer Mohammed Kabir has been named as its new CEO. Kabir has led the corporate’s era and product since its founding. He succeeds co-founder Jackie Wu, who’s stepping again for well being causes and can stay at the corporate’s Board of Administrators.

The corporate additionally introduced $20 million in new investment led via Catalyst Traders, a enlargement fairness company primarily based in New York. Current traders S2G Investments, Spero Ventures and F7 Ventures all returned, joined via new investor Cibus Capital. Sidney Kullar of Catalyst Traders joins the corporate’s Board of Administrators. The Corvus answers mix independent drones and device to offer extra correct stock visibility.

“Corvus Robotics used to be based at the conviction that the bodily international generates huge quantities of knowledge and virtually none of it will get captured or acted on,” mentioned Kabir. “Our fleet recently analyzes over one million places each month, giving our shoppers an unparalleled view into what if truth be told occurs within their amenities. Entering into this function is a privilege, and I’m happy Jackie is staying on our board.”

“Corvus has been the paintings of my profession, and I’m stepping again from the CEO function for well being causes on my own,” Wu mentioned. “Kabir and I’ve been construction this in combination since 2017, beginning with the primary Corvus prototype in his MIT dorm room. He has architected each a part of the era our shoppers run as of late, and has been deeply concerned within the working of the trade. There is not any one higher ready to guide what comes subsequent. I’m thankful to our shoppers, our crew, and our traders for the agree with they’ve positioned in us. I look ahead to what this crew builds from right here.”

The transition follows what Corvus describes because the broadest product enlargement within the corporate’s historical past. The corporate introduced Corvus One for Chilly Chain in February 2026, an independent stock robotic engineered to perform frequently from ambient thru deep freeze at -20°F with out localization infrastructure. In April 2026 the corporate offered Corvus Trident, an AI copilot that mounts to forklifts and succeed in vans to seize pallet motion throughout standard operations. In conjunction with Corvus One, the goods shut the loop between stock at relaxation and stock in movement, with all 3 feeding AIMS, the corporate’s device platform.

Corvus Robotics now has greater than 300 gadgets deployed throughout 26 US states, Canada and Mexico. Southern Glazer’s Wine & Spirits not too long ago expanded to 9 distribution facilities with greater than 40 drones, figuring out over 35,000 verified stock discrepancies. Dermalogica greater stock imaging frequency via 600% at its international headquarters. GNC greater counting frequency more or less 4x to per thirty days and redirected 35% of its stock regulate hard work to higher-value paintings.

“Corvus Robotics is shooting a layer of knowledge that hasn’t ever existed, real-time ground-truth visibility into what’s if truth be told going down within a warehouse,” mentioned Sidney Kullar of Catalyst Traders. “Kabir and the crew have constructed a platform that works in a punishing bodily surroundings, and that knowledge is changing into the basis for a miles larger shift in how warehouses are run.”

With this new investment, Corvus Robotics has raised $38 million up to now.

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Tags: CEOCorvusfundingmillionnamesreceivesrobotics
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