Vecna Robotics Announces $65 Million In Series C Funding
01/26/22, 2:00 PM
Location
walthamMoney raised
$65 million
Round Type
series c
Vecna Robotics, the leader in flexible material handling automation, today announced a $65 million Series C funding round led by Tiger Global Management, along with additional funding from new investors Lineage Logistics, Proficio Capital Partners, and IMPULSE. The new financing will help fund the company’s technology roadmap with new autonomous mobile robots (AMR) and software, and will accelerate fulfillment of new orders and expanded operations to address the $165B market opportunity for pallet-moving autonomy.
Company Info
Location
waltham, massachusetts, united states
Additional Info
Vecna Robotics is an award-winning flexible, intelligent material handling automation company with solutions engineered for seamless work between autonomous mobile robots (AMR)and the labor, equipment, facilities, and systems that make business go. Our self-driving fork trucks, pallet trucks, and tuggers –– powered by proprietary Pivotal™ orchestration software and our 24/7/365 command center –– help distribution, warehousing, and manufacturing organizations automate their most critical workflows, maximize throughput and scale operations fast. For more information, visit www.vecnarobotics.com. Follow us on Twitter and LinkedIn.