June 28 (Cointime) -RENATUS ROBOTICS Inc., a logistics startup, has announced the successful closing of its initial seed round. The company secured $2 million in funding from e-commerce logistics company e-LogiT co., ltd. and CVC fund Dawn Capital. This key funding milestone is a testament to the industry's faith in RENATUS ROBOTICS' groundbreaking vision to revolutionize logistics through its end-to-end automation technologies starting with their automated robot storage system RENATUS. The company's eventual goal is to create a fully unmanned and autonomous logistics network under its motto, "Toward a Creative Society."

Installation of the first commercial RENATUS system is already underway and slated for operation starting in Q2 2024. A majority of the system is planned to be portioned and contracted with e-LogiT for use in their order fulfillment operations, while the remaining portion will be reserved for use by RENATUS ROBOTICS for its RENATUS NETWORK blockchain project.