ForwardX Robotics, a global provider of vision-based autonomous mobile robot (AMR) technology, recently announced the successful completion of its latest funding round. With this round which closed on July 7th, ForwardX Robotics has raised a substantial amount of funding, marked as $30 million and bringing the series C total to $61 million.
The companies states this round will be instrumental in further accelerating the company’s growth and expanding its presence across the globe. Collectively, ForwardX has raised about $140 million since its founding in 2016. The company added that it has deployed over 150 commercial projects and 3,000 robots across four continents. Its solutions encompass various applications in material handling, picking, docking, and storage management.
