Addverb Technologies Expands State-Of-The-Art Warehouse Robotics Solutions To Americas Following $132 Million Series B Funding

Feb 15, 2022•almost 4 years ago

Amount Raised

$132 Million

Round Type

series b

Dallas

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.

Company Information

Company

Addverb

Location

Dallas, Georgia, United States

About

Addverb Technologies provides smart end-to-end warehouse and industrial automation and logistics solutions. The fleet of automated robots, material handling technologies, in-house system integration services and software solutions, helps improve the performance and accuracy of warehouse and factory operations. Addverb's mission is: discovering the right automation for a customer's problem; designing the solution to manufacturing the product; develop and execute the project; dedicated after-sales support. Addverb's headquarters, manufacturing, and R&D facilities are in India, with subsidiaries in Australia, Asia, Europe, and the United States. Addverb's current 100+ customers include Reliance, Unilever, Flipkart, Coca-Cola, Pepsico, Johnson & Johnson, and PAR Pharmaceutical.

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Addverb Technologies Expands State-Of-The-Art Warehouse Robotics Solutions To Americas Following $132 Million Series B Funding

Description

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Funding Insights

Company Information