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INDUSTRY FIRST

Seegrid Corp. raised $50M in a Series D funding round led by Giant Eagle Inc. and G2 Venture Partners to accelerate market initiatives for its autonomous mobile robots.

Sep 06, 2024•12 months ago

Amount Raised

$50 Million

Round Type

series d

PittsburghInformation Technology

Investors

G2 Venture PartnersGiant Eagle Inc.

Description

Seegrid Corp. has successfully closed a $50 million Series D investment round, with existing investors Giant Eagle Inc. and G2 Venture Partners leading the funding. The Pittsburgh-based company plans to utilize the funds to boost its R&D efforts and enhance its market initiatives for autonomous lift trucks.

Company Information

Company

Seegrid Corp

Location

216 RIDC PARK WEST DRIVE

Pittsburgh, Pennsylvania, United States

About

Seegrid, a leader in autonomous mobile robot (AMR) solutions for material handling solutions, combines AMR technology, enterprise software, and best-in-class services for complete, connected automated workflows. With over 14 million autonomous production miles driven to date, Seegrid AMRs are reliable, flexible, and proven. The world’s largest manufacturing, warehousing, and logistics companies rely on Seegrid. We are partnered with over 50 global brands where 2,000+ AMRs are deployed within 200+ customer sites. From our dependable Tow Tractor to our industry-leading Lift Truck solutions, let us work with you to embrace the future of autonomous material handling.

FundzWatch™ Score

Medium Activity

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