Image Source: AsiaOne
GreyOrange Closes $110 Million Growth FinancingFunding to drive global growth and extend market dominance; further expand global customer installations and accelerate deployment of industry-defining software platformGlobeNewswireMay 18, 2022ATLANTA, May 18, 2022 (GLOBE NEWSWIRE) -- GreyOrange, the global leader in automated robotic fulfillment and inventory optimization software, today announced $110 million in comprehensive growth financing, a majority of which came from Mithril Capital Management and a distinguished group of current and new investors, along with separate financing provided by funds and accounts under management by BlackRock. The growth financing underscores GreyOrange’s technical leadership in a fundamental market shift to robot-enabled automated fulfillment solutions.
Source: AsiaOne