Addverb Technologies Expands State-Of-The-Art Warehouse Robotics Solutions To Americas Following $132 Million Series B Funding
Amount Raised
$132 Million
Round Type
Series B
Description
Today Addverb Technologies (Addverb), a leading automation solutions provider for warehouses and factories, announces its expansion into North and South America. The announcement comes on the heels of $132 million in funding from Reliance Industries. This expansion establishes an experienced U.S. leadership team with more than four decades of robotics, manufacturing, and business development experience.
Quick answer
Addverb raised $132 Million in a Series B round, dated February 15, 2022.
- How much did Addverb raise?
- Addverb raised $132 Million in a Series B round on February 15, 2022.
- What does Addverb do?
- Founded in 2016, Addverb offers AI-enabled fixed & flexible automation solutions, allowing clients to realize new levels of efficiency, reliability, and revenue.
- Who are the decision-makers at Addverb?
- Fundz holds 2 contacts at Addverb, including the Co-Founder and CEO. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Science And Engineering and Manufacturing around the same time
Companies in the same sectors as Addverb that raised within 45 days of this round, from Fundz verified event records.
- One Predict raised $25M (Series C) on March 24, 2022.
- Agility Robotics raised $150M on March 16, 2022.
- Paragraf raised $59M (Funding Round) on March 2, 2022.
- Space Age Labs raised $1.3M (Seed) on March 1, 2022.
- Inceptio Technology raised $188M (Funding Round) on March 1, 2022.
- RIOS raised $28M (Series A) on February 24, 2022.
Who to call at Addverb, and when
A new round usually means Addverb is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Addverb raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Addverb, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Addverb. With Fundz connected, it knows.
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Fundz sees it the moment Addverb raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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Funding Insights
What this usually meansAddverb raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
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