UVIONIX has announced that it secured $3.5 million in a seed round aimed at transforming how warehouses manage inventory. Though labeled a Seed round, this injection of capital underscores a deep vote of confidence from both regional and international backers, especially given the fast-growing needs of the supply chain sector.
The funding comes at a critical time, as e-commerce expansion and labor shortages demand more efficient warehouse solutions. By presenting an innovative approach through autonomous flying robots, UVIONIX stands poised to capture a sizable market share in logistics and inventory management.
Leading the investment were LAUNCHub Ventures and PortfoLion, followed by Underline Ventures, Robin Capital, and several prominent angel investors. All are known for supporting cutting-edge technology firms across Europe and the United States.
Warehouses today face mounting challenges, from rising online retail volumes to limited labor pools. Many are still reliant on manual stock checks, a method that can introduce errors and slow down operations. UVIONIX’s solution—autonomous flying robots—directly tackles these inefficiencies by creating real-time, digital replicas of warehouse spaces, thus giving operators near-instant insight into their inventory.
In the words of Bogdan Iordache, GP at Underline Ventures, “Logistics and warehousing are adopting new technology at a fast pace, due to AI developments, workforce shortages, and the continuous need for optimisation. The Uvionix team can address these challenges by leveraging its entrepreneurial, and technical experience, and building a best-in-class product for its category.” Such endorsements underscore the potential impact of this technology in an industry grappling with outdated methods.
With $3.5 million now in the bank, UVIONIX plans to expedite product rollouts for its U-Vee robots, focusing on refining AI-driven navigation and boosting the system’s 99.9% accuracy rate. There is a strong emphasis on forging strategic alliances with established logistics and retail players to accelerate adoption. By streamlining data collection, U-Vee could free up warehouse staff to concentrate on higher-value tasks such as customer service and process optimization.
The company also intends to scale its presence in both the United States and Europe. This geographic expansion will be fueled by additional hiring in engineering and AI roles, ensuring the technology remains at the forefront of automation and autonomous robotics.
Beyond immediate product enhancements, UVIONIX aims to expand its market reach well beyond standard e-commerce warehousing. Whether it’s automotive parts distribution or pharmaceutical inventory handling, the team envisions U-Vee adapting to a variety of environments. They anticipate a future where continuous, live monitoring of stock becomes standard practice, transforming warehouses into more proactive and cost-efficient operations.
Founded by Bulgarian entrepreneurs Boris Iskrev and Stanislav Darmonski, UVIONIX combines a robust aerospace background with practical, AI-focused engineering. The co-founders’ vision is to blend advanced robotics with day-to-day logistics, making inventory management more precise and less time-intensive. Though the board composition hasn’t been fully disclosed, the leadership includes seasoned professionals in AI, supply chain, and aerospace engineering.
Their primary product, U-Vee, is an autonomous flying robot that glides through warehouse aisles to record stock levels in real-time. This unique marriage of drones and deep learning sets UVIONIX apart from conventional solutions that rely on ground-based machinery or handheld scanners. By offering a more efficient way to track products, the company says it aims to reduce human error, lower costs, and “make supply chain management smarter, faster, and more transparent,” as CEO Boris Iskrev puts it.
Historically, UVIONIX had not announced large-scale funding prior to this seed round. Here is a brief look at some of the investors involved:
“The adoption of warehouse robotics has reached a critical inflection point. In response to the e-commerce boom of the past decade, warehouses increased capacity and operations. As a result, warehouses are now managing record product flows, making accuracy and efficiency more crucial than ever. To cut through this complexity, modernisation through automated and autonomous solutions is essential. We believe Boris and the Uvionix team, with their deep expertise in drone technology, are uniquely positioned to guide warehouses into the future,” said Daniel Kiss-Kiraly, Principal at PortfoLion.
