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Geek+ Announces $100 Million Series E1 Financing Round With Strategic Investment From Intel, Valued Over $2 Billion

Aug 08, 2022•almost 3 years ago

Amount Raised

$100 Million

Round Type

series e

BeijingRoboticsArtificial Intelligence

Description

Geek+, the global leader in autonomous mobile robot technologies, announced it has closed a new, $100 million series E1 funding series, with the company valued at over $2 billion. Investors in the round include Intel Capital, Vertex Growth, and Qingyue Capital Investment. The company will use this funding to accelerate its global market expansion and invest in its AMR technology research and development for key product innovation.

Company Information

Company

Geek+

Location

Beijing, Beijing, China

About

Geek+ is a global technology company leading the intelligent logistics revolution. We apply advanced robotics and AI technologies to realize flexible, reliable, and highly efficient solutions for warehouses and supply chain management. Geek+ is trusted by over 500 global industry leaders and has been recognized as the world leader in autonomous mobile robots. Founded in 2015, Geek+ has over 1500 employees, with offices in Germany, the United Kingdom, the United States, Japan, South Korea, Mainland China, Hong Kong SAR, and Singapore. For more information, please visit: https://www.geekplus.com/ SOURCE Geek+

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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