Fabric, formerly known as CommonSense Robotics, builds production-proven micro-fulfillment centers that place automated logistics operations in close proximity to end-consumers. Its system can process up to 600 orders per day from only 6,000 square feet, supporting one-hour delivery windows and reducing fulfillment costs for retailers. Founded in 2015 in Tel Aviv and now headquartered in New York, the company is led by CEO and co-founder Elram Goren alongside CCO Steve Hornyak. Fabric recently began constructing a three-temperature-zone automated grocery site, the first of 12 facilities planned with one of Israel’s largest grocery chains. The company intends to expand its U.S. commercial, operations, and technical support teams while enlarging its Tel Aviv engineering hub. Backed by total financing of $136 million, Fabric aims to scale its platform across the United States in partnership with major retail brands.

Total raised

$429M

Funding rounds

7

Latest round

Series C

Latest activity

Feb 2022