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Geek+ Announces $100 Million Series E1 Financing Round With Strategic Investment From Intel, Valued Over $2 Billion

PRIVATEAug 08, 2022

Amount Raised

$100 Million

Round Type

Series E

BeijingArtificial IntelligenceRobotics

Description

Geek+, the global leader in autonomous mobile robot technologies, announced it has closed a new, $100 million series E1 funding series, with the company valued at over $2 billion. Investors in the round include Intel Capital, Vertex Growth, and Qingyue Capital Investment. The company will use this funding to accelerate its global market expansion and invest in its AMR technology research and development for key product innovation.

Quick answer

Geek+ raised $100 Million in a Series E round, dated August 8, 2022. Geek+ is based in Beijing, Beijing, China.

How much did Geek+ raise?
Geek+ raised $100 Million in a Series E round on August 8, 2022.
What does Geek+ do?
Geek+ is a global technology company leading the intelligent logistics revolution.
Where is Geek+ based and how big is it?
Geek+ is based in Beijing, Beijing, China.

Source: Fundz verified event record.

Who else raised in Robotics and Artificial Intelligence around the same time

Companies in the same sectors as Geek+ that raised within 45 days of this round, from Fundz verified event records.

  • Faraday Future Intelligent Electric raised $600M (Funding Round) on August 16, 2022.
  • Faraday Future Intelligent Electric raised an undisclosed amount (Funding Round) on August 15, 2022.
  • Seoul Robotics raised $25M (Series B) on September 22, 2022.
  • Hush raised $4M (Seed) on September 21, 2022.
  • Murf AI raised $10M (Funding Round) on September 21, 2022.
  • Prewave raised $11M (Series A) on September 21, 2022.

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Company Information

Company

Geek+

Location

Beijing, Beijing, China

About

Geek+ is a global technology company leading the intelligent logistics revolution. We apply advanced robotics and AI technologies to realize flexible, reliable, and highly efficient solutions for warehouses and supply chain management. Geek+ is trusted by over 500 global industry leaders and has been recognized as the world leader in autonomous mobile robots. Founded in 2015, Geek+ has over 1500 employees, with offices in Germany, the United Kingdom, the United States, Japan, South Korea, Mainland China, Hong Kong SAR, and Singapore. For more information, please visit: https://www.geekplus.com/ SOURCE Geek+

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Geek+ raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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