Elroy Air Acquisition, Valuation, Funding & Investors

Nimble Robotics, founded in 2017 by Simon Kalouche and based in San Francisco, develops AI-powered autonomous fulfillment systems using general-purpose warehouse robots that pick, pack, sort, and handle core fulfillment tasks roughly three times faster than manual labor. Its turnkey, end-to-end fulfillment centers use deep imitation learning to let robots integrate into a customer's existing operations without requiring changes to its warehouse management systems, replacing fragmented automation equipment and software. The robots handle products across categories including apparel, electronics, groceries, and general merchandise.

TuSimple is a San Diego-headquartered developer of Level 4 autonomous driving technology for long-haul trucks, enabling depot-to-depot operations without human drivers for logistics clients. The company deploys self-driving trucks daily across US routes and partners with firms like UPS since its founding in 2015.

UISEE is a Shenzhen-headquartered autonomous driving technology provider offering L4 vehicles and mobility services. Founded in 2016, its Apollo platform powers robotaxis and logistics vans with 1,000+ test kilometers daily in cities like Guangzhou. UISEE partners with FAW and Dongfeng for mass production, integrating NVIDIA hardware for perception and planning. The company deploys fleets in airports and campuses across China and Europe.

Dexterity is a Redwood City-headquartered robotics company offering autonomous systems for warehouse and logistics operations under a robots-as-a-service model. Its DexR bipedal robot performs truck unloading, palletizing, and sorting using dual arms, 3D vision, and force feedback sensors. Dexterity serves e-commerce giants like Macy's and XPO Logistics, deploying fleets across California fulfillment centers. Founded in 2017, the firm raised Series B funding to expand into grocery and parcel handling.

Gatik is an autonomous trucking company deploying driverless light and medium-duty vehicles for middle-mile logistics in B2B routes. Mountain View-headquartered and founded in 2017, Gatik partners with Walmart and Kroger for produce deliveries in California and Arkansas, utilizing Level 4 autonomy on predefined paths.

Glydways is a California-based mobility company developing personal rapid transit systems with autonomous Glydcars on dedicated guideways. Providing on-demand, direct rides without traffic delays, its network targets campuses, airports, and urban corridors with lower construction and operational costs than traditional rail.

SkyCell is a Zug, Switzerland-based provider of smart temperature-controlled containers for pharmaceutical logistics. The company equips units with real-time monitoring sensors compliant with GDP standards for vaccines and biologics. SkyCell serves Novartis, Pfizer, and Roche with reusable Reefers tracking temperature from -80°C to +25°C. Its Matrix platform prevents excursions through predictive alerts and serves routes across Europe and North America.

99 Minutos is a last-mile logistics provider enabling same-day e-commerce deliveries in Latin America. Operating in Mexico, Chile, Colombia, and Peru since 2014, Mexico City-headquartered 99 Minutos partners with enterprise retailers to fulfill orders at reduced costs through optimized routing and local fleets.

Banma Network Technologies is a Hangzhou-based Alibaba affiliate developing connected car ecosystems powered by AliOS operating system. The company equips vehicles with in-car infotainment, voice assistants, navigation, and over-the-air updates, partnering with automakers like SAIC and Roewe for mass-market sedans and SUVs. In 2019, Banma opened its SDK to third-party developers worldwide.

Flexe is a Seattle-headquartered on-demand warehousing and fulfillment network founded in 2013. It connects retailers like Nike, Patagonia, and HelloFresh to 1,000 warehouses totaling 100 million square feet across North America. Flexe's platform enables e-commerce scaling with same-day delivery and omnichannel distribution services.

Forterra is a St. Louis-headquartered defense technology firm building autonomy software for unmanned ground vehicles and robotic swarms. Launched in 2021, it supplies TerraMax platforms to U.S. Army programs, enabling leader-follower convoys and multi-domain operations. Forterra's stack integrates with ROS and integrates LiDAR, radar for off-road navigation in contested environments.

Haomo.AI is a Beijing-headquartered autonomous driving technology company, formerly Haomo Zhixing. It develops NOA systems deployed in vehicles from partners like Changan Automobile and GAC Aion. Haomo.AI's solutions include perception software, mapping, and planning algorithms for L2+ to L4 autonomy levels tested on public roads across China.

Hermeus is an Atlanta-headquartered aerospace company developing hypersonic aircraft reaching Mach 5 speeds to transform global travel. Its Quarterhorse demonstrator targets New York to London flights in 90 minutes, using turbine-based combined cycle engines compatible with existing runways and air traffic systems. Founded in 2019, the firm advances prototypes for military and commercial applications.

Shandong Extreme Vision Technology Co Ltd is an AI computer vision solution provider in China, delivering end-to-end solution development, deployment and management services to enterprises across diverse industries. It specializes in delivering AI computer vision solutions and large model solutions to enterprises: AI Computer Vision Solutions, Large Model Solutions. Computer vision solution, as a vital branch of AI solution, is a technological solution that simulates the human visual system to enable computers to extract information from images or videos and analyze, make decisions and interact based on this information.

Robosense Technology Co Ltd is a company whose business is focused on full-stack systems incorporate LiDAR sensors, proprietary system on a chip and cutting-edge perception software. By integrating hardware and software, companies have differentiated themselves from LiDAR companies in the market who only focus on hardware. Combined with visual or other sensors, LiDAR forms perception solutions that endow automobiles and robots with perception capabilities. Comapny develop its solutions based on chipdriven LiDAR hardware and AI perception software, expanding application scenarios and realizing large-scale commercialization in the industry.

Aeva Technologies Inc through its Frequency Modulated Continuous Wave (FMCW) sensing technology, designs a 4D LiDAR-on-chip that, along with its proprietary software applications, has the potential to enable the adoption of LiDAR across broad applications from automated driving to consumer electronics, consumer health, industrial automation, and security application. The company operates in North America, EMEA, and Asia. The company derives the majority of its revenue from North America.

Red Cat Holdings Inc is a drone technology company integrating robotic hardware and software for military, government, and commercial operations. Red Cat’s suite of solutions includes the Arachnid family of ISR and precision strike drones, which includes the Black Widow, a small unmanned ISR system; and WEB (Warfighter Electronic Bridge) GCS, designed to command and control an entire drone family of systems for military operations. Its other offerings include Edge 130 Blue drone systems, Trichon, a fixed-wing VTOL for extended endurance and range, and FANG FPV drones optimized for military operations with precision strike capabilities.