Vecna Robotics, the workflow orchestration and self-driving forklift provider, has raised $50 million in Series B funding.
With double-digit annual growth forecast for the mobile robot market over the next five years, the new capital will expand Vecna Robotics’ industry-leading footprint and accelerate the development of new product offerings.
This round is led by Blackhorn Ventures, with participation from new investors Highland Capital and Fontinalis Partners, and additional funding from existing investors Drive Capital and Tectonic Ventures. [Read more…] about Vecna Robotics raises $50 million to expand business