Founded in 2016, ForwardX has four AMR product lines, including its Flex Series, Max Series, Apex Series, and Conveyor Series. To date, it has raised $109 million, according to Crunchbase.
The company also noted that it already serves a lot of companies that have customers around the world. It is hoping by expanding into the U.S. it will be better able to address those customers’ needs. Guen explained that to do that successfully it will need to form relationships with companies locally.
“One of our major purposes in joining ProMat is to develop our distributor and partner network,” Guen said.