TVG x PIPEDREAM
Texas Venture Group invites you to an exclusive speaker session and Q&A with Canon Reeves, CTO of Pipedream Lab's.
Founded in 2021 in Austin, Pipedream Labs aims to revolutionize urban logistics with its hyperlogistics network. The company has developed a fully electric underground robotic system that transports various items, including food, packages, and groceries, in seconds. Their Instant Pickup system allows for rapid order fulfillment from restaurants and retail stores.
Pipedream Labs has raised $14.72 million total, including a recent $13 million Series A round led by Starship Ventures. Wendy's is currently piloting the technology, enabling customers to pick up orders without leaving their cars via above-ground portals.
The company is led by co-founders Garrett McCurrach, former VP at Martin Bionics, and Canon Reeves, founder of MoreTech (acquired by Sphero). With over 100 preorders for the Instant Pickup system, Pipedream is gaining traction quickly. CEO McCurrach envisions a future where their hyperlogistics network enables sub-10-minute deliveries for less than a dollar.
Looking ahead, Pipedream plans to select its first city for a large-scale middle-mile delivery network this year. Construction is expected to start soon, with operations beginning next spring. This event offers an opportunity to learn about Pipedream Labs' innovative approach to transforming urban delivery into an efficient, environmentally friendly experience.
📍 Location: CBA 3.202
🗣️ Speakers: Cannon Reeves (CTO) & 1-2 Senior Engineers