GreyOrange, a robotic fulfillment company, has raised $110 million in “comprehensive growth financing”, a majority of which came from Mithril Capital Management and a group of current and new investors, along with separate financing provided by funds and accounts under management by BlackRock.
The growth financing underscores GreyOrange’s technical leadership in a fundamental market shift to robot-enabled automated fulfillment solutions.
GreyOrange reduces operating costs and expedites delivery for global retail industry leaders including Walmart, H&M, COS, Coupang and GXO Logistics. [Read more…] about GreyOrange raises $110 million for ‘growth financing’