Supply chain automation solutions company Geek Plus Robotics has completed a Series B financing round in which it raised a staggering $150 million.
The company says this is “the world’s largest financing in artificial intelligence-enabled logistics robotics”.
As of the closing of this round of financing, Warburg Pincus has committed a total of approximately $100 million in Geek Plus through a series of investments since 2017, which had also been participated by other existing shareholders including Volcanics Venture and Vertex Ventures.
Founded in 2015, Geek+ is a leading AI a robotics company that integrates robotics, AI, big data, cloud computing, and IoT technologies to provide “intelligent robotics solutions and one-stop supply chain services”. [Read more…] about Geek Plus Robotics raises $150 million in ‘world’s largest Series B financing in logistics robotics’