Warehouse Robotics Startup ForwardX Raises $31m in First Series C Close
ForwardX Robotics, a Beijing-headquartered company that makes autonomous mobile robots (AMR), said Tuesday it has closed the initial tranche of its Series C funding round as it looks to expand globally. The startup is fundraising for the rest of its Series C round at a time investors are courting warehousing and manufacturing robot makers in […]
ForwardX Robotics Closes Series B with a Total of $63m in Funding
Led by CDH, Eastern Bell, and Dohold Capital, the Series B round is the largest raised by a person-to-goods AMR solution provider. ForwardX Robotics, a leading developer of AI-powered Autonomous Mobile Robots for warehousing and manufacturing environments, announced it has closed its Series B funding by raising another round of more than $38 million led […]
ForwardX Robotics captures $15M in Series B
Maker of AI-powered suitcase ramps up intelligent robotics warehousing solutions. ForwardX Robotics, a Beijing-based autonomous robot platform, has landed $15 million in Series B funding, as the company continues to expand into the North American market. Leading the round is China Merchants Capital as part of their SINO-BLR Industrial Investment Fund. The new round brings […]
Investors Pour Funds into Robots as Covid-19 Drives Demand For Autonomous Operations
Venture capitalists are continuing to fuel the growth of autonomous mobile robot (AMR) vendors, providing $36 million today for artificial intelligence (AI) firm Brain Corp. in an effort to provide increased automation for retail, healthcare, airports, education, and other industries struggling to cope with demand spikes and labor shortages during the Covid-19 health crisis. Earlier […]