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Vecna Robotics Closes $100 Million In Series C Funding To Streamline And Automate Warehouse Workflows
Vecna Robotics, a leader in flexible material handling automation, announced closing its Series C round at $100 million, with $40 million in new funding from Tiger Global Management, Proficio Capital Partners, and IMPULSE. This funding will drive new innovations and support rapid ROI for warehouse operators in the $165 billion pallet-moving market. The company also appointed Michael Helmbrecht as COO to oversee operations and growth initiatives.
The capital will enhance product performance and launch new automation technologies, improving workflows for customers like GEODIS, FedEx, and Caterpillar. Vecna’s advancements aim to deliver significant cost savings and performance improvements in material handling, ensuring continued industry leadership.
Read More - https://www.techdogs.com/tech-news/business-wire/vecna-robotics-closes-100-million-in-series-c-funding-to-streamline-and-automate-warehouse-workflows
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