GreyOrange secures $110 million in new funding to focus on logistics robotics market

GreyOrange is a robotics startup focused on building businesses in retail, logistics, and warehouse robotics. Announced this week, it raised $110 million in new funding, four years after a $140 million Series C round. However, instead of choosing a standard funding round, “GreyOrange” opted for growth financing, with primary backing from Mithril Capital Management, with participation from BlackRock.

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