Covariant

[WOUND_DOWN]

HQ: Emeryville, California · Est. 2017 · 0 models registered

Funding gap >24mo

As of Sep 2026, DEPLOY verifies Covariant: $120.0M raised. 3 sources back the record.

Ownership

WOUND_DOWN

Capital / Funding

$120M

Headquarters

Emeryville, California

IP / Patents

Undisclosed

Platform Models

0

Audited Incidents

0

Overview

Robotics-AI company (Berkeley area; founded 2017) behind RFM-1, a robotics Foundation model that powered warehouse pick-and-place robots; largely absorbed by Amazon (reverse-acquihire, Aug 2024).

Audited Posture AssessmentPeer Percentile: 84.5%

Limited public visibility and press coverage relative to peers.

Key Facts

ModelRFM-1 robotics foundation model; real warehouse deployments (Otto/Radial/McKesson).
AcquisitionAmazon reverse-acquihire Aug 2024 (founders + ~25% staff + non-exclusive model license).
ApplicationWarehouse pick-and-place robots

Safety & Regulatory Posture

0 entries
Audited Incident & Recall Footprint

No incidents on record for Covariant.

Leadership & Founders

6 entries

Current Program Leadership & Executives

Tianhao Zhangsecondary-verified

Co-founder (current lead)

Ted Stinsonsecondary-verified

CEO

Founding Team

Pieter Abbeel[Founder]

cofounder · founded 2017-01-01 · no longer at company

Peter Chen[Founder]

cofounder · founded 2017-01-01 · no longer at company

Rocky Duan[Founder]

cofounder · founded 2017-01-01 · no longer at company

Tianhao Zhang[Founder]

cofounder · founded 2017-01-01

Key Former Leadership (3 Tracked)

Pieter AbbeelCo-founder
Peter ChenCo-founder & CEO
Rocky DuanCo-founder & CTO

Partnerships & Commercial Deployments

0 entries
Total Tracked0
Operating0
Announced0
Concluded0

FAQ

11 entries
What is Covariant?

Robotics-AI company (Berkeley area; founded 2017) behind RFM-1, a robotics Foundation model that powered warehouse pick-and-place robots; largely absorbed by Amazon (reverse-acquihire, Aug 2024).

What does Covariant make?

Covariant is a robot brain developer: 1 foundation model or autonomy stack on the DEPLOY registry are credited to Covariant.

Is Covariant publicly traded?

Covariant is not an independent public company; it has been acquired, per the DEPLOY registry.

Who is the CEO of Covariant?

Tianhao Zhang is the ceo of Covariant, per the DEPLOY registry.

How can I invest in Covariant?

Covariant has no separately traded stock; it has been acquired.

Where is Covariant headquartered?

Covariant is headquartered in Emeryville, California, USA.

How much funding has Covariant raised?

Covariant has raised approximately $120M in disclosed funding on record in the DEPLOY registry.

Who owns Covariant?

Covariant has been acquired and is no longer independently owned.

Is Covariant a top robotics company?

On DEPLOY's intelligence score, which blends verified deployments, funding, hiring, media, safety, and IP signals, Covariant ranks in roughly the top 16% of companies tracked by the registry.

When was Covariant founded?

Covariant was founded in 2017.

Is Covariant safe?

Covariant has no incidents on record in the DEPLOY registry. This does not constitute a safety guarantee; it reflects the incidents DEPLOY has tracked and verified to date.