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Beijing-based Geek+, a warehouse robotics and automation company, has raised a $100M Series E1 from Intel Capital, Vertex Growth, and others at a $2B valuation

August 18, 2022
Source: themediapub.com themediapub.com
News Snapshot:
Chris Metinko / Crunchbase News Beijing-based Geek+, a developer of autonomous robots for warehousing, closed a new $100 million Series E1 that values the company at more than $2 billion. Investors in the round included Intel Capital , Vertex Growth and Qingyue Capital Investment . In addition, Geek+ also announced it had raised a previously undisclosed series D financing round led by CPE in early 2021. The company has now raised nearly $540 million, according to Crunchbase data. Founded in 2015, Geek+ offers a wide array of robots to help automate the warehouse space. In 2021, the company realized annual...
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