Startup Beat

Instock Inc, a leader in customer fulfillment robotics, this week announced that it raised $3.2 million USD in new funding led by the Amazon Industrial Innovation Fund.

The investment brings Instock’s seed financing to a total of $6.2 million USD.

Instock is led by Yegor Anchyshkin, a graduate of the National Technical University of Ukraine Kyiv Polytechnic Institute.

Prior to Instock he and his team built Viewdle, which was acquired by Google, and Zakaz.ua – from zero to profitability and exit to Takeoff Technologies.

Instock’s Seed round was co-led by OneWay Ventures and Lux Capital, with funding participation including Commerce VC, u.ventures, Cybernetix Ventures and others active in robotics.

“The technology that Instock has built can have a material impact on the future of eCommerce fulfillment,” said Semyon Dukach, Founding Partner of One Way Ventures, in a statement.

“We are excited by the unprecedented speed and efficiency Instock

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