Addverb Technologies Expands State-Of-The-Art Warehouse Robotics Solutions To Americas Following $132 Million Series B Funding
Addverb Technologies Expands State-Of-The-Art Warehouse Robotics Solutions To Americas Following $132 Million Series B Funding
02/15/22, 12:03 PM
Location
dallasMoney raised
$132 million
Round Type
series b
Today Addverb Technologies (Addverb), a leading automation solutions provider for warehouses and factories, announces its expansion into North and South America. The announcement comes on the heels of $132 million in funding from Reliance Industries. This expansion establishes an experienced U.S. leadership team with more than four decades of robotics, manufacturing, and business development experience.
Company Info
Location
dallas, georgia, united states
Additional Info
Addverb Technologies provides smart end-to-end warehouse and industrial automation and logistics solutions. The fleet of automated robots, material handling technologies, in-house system integration services and software solutions, helps improve the performance and accuracy of warehouse and factory operations.
Addverb's mission is: discovering the right automation for a customer's problem; designing the solution to manufacturing the product; develop and execute the project; dedicated after-sales support.
Addverb's headquarters, manufacturing, and R&D facilities are in India, with subsidiaries in Australia, Asia, Europe, and the United States. Addverb's current 100+ customers include Reliance, Unilever, Flipkart, Coca-Cola, Pepsico, Johnson & Johnson, and PAR Pharmaceutical.