GreyOrange, a provider of warehouse robotics and automation systems, has raised $140 million in Series C funding, claiming it marks “the largest round ever raised by an industrial robotics company”.
Mithril Capital, co-founded by Ajay Royan and Peter Thiel, led this round, which included Binny Bansal and other existing investors including Blume Ventures.
They join Mitsubishi, Flipkart, and Project Verte as investors in the company. [Read more…] about GreyOrange raises $140 million in new funding, claiming ‘the biggest fundraising round in industrial automation sector’