Event
Seegrid announces closing of $50M Series D investment
Key points
- Seegrid closed a $50 million Series D investment round to accelerate its autonomous lift truck market initiatives.
- The company said the round was funded by existing lead investors Giant Eagle Incorporated and G2 Venture Partners, along with smaller investments from other existing shareholders.
- Seegrid framed the financing around continued expansion of pallet material handling AMRs rather than a one-off product release.
Company context
Seegrid builds autonomous mobile robots and material-handling automation systems for manufacturing, warehousing and logistics facilities. Its AMR portfolio is used for transport, lift, movement and workflow automation inside industrial sites.
Context
- Company
- Seegrid
- Segment
- Logistics
- Event type
- Funding
- Geography
- Pittsburgh · United States