The new financing will help fund the company’s technology roadmap with new autonomous mobile robots (AMR) and software, and will accelerate fulfillment of new orders and expanded operations to address the $165B market opportunity for pallet-moving autonomy. Vecna Robotics is very well-positioned to help companies in warehousing, manufacturing, and distribution meet this challenge head-on with truly intelligent automation for pallet-sized loads,” said Griffin Schroeder, Partner at Tiger Global Management. The funding will also be used to extend the company’s development of PivotalTM, a proprietary orchestration engine, to enable better integration with existing warehouse management systems as well as third-party automation solutions. “Medium to large sized warehouse and manufacturing facilities are experiencing an undeniable shift in the ways that they manage critical workflows in response to labor shortages and demand spikes,” said Adam Forste, Co-Executive Chairman of Lineage Logistics. All three executives bring a diverse set of skills and expertise along with extensive technology backgrounds, helping position the company to rapidly scale to meet the growing demand for autonomous solutions and orchestration while transforming supply chains worldwide for a more resilient and better tomorrow.