GreyOrange Closes $140 Million Series C, Marking the Biggest Fundraising in Industrial Automation Systems
Summary
“As a global investor focused on emerging category leaders, Mithril is proud to partner with the GreyOrange team to advance our shared vision of a universal platform for flexible automation.GreyOrange plans to build on the strong growth it has experienced over the past five years by expanding operations across Asia, Europe and the U.S. To that end, the company recently established its U.S. headquarters and manufacturing facility in Atlanta, Georgia, and launched a major R&D center in Boston, Massachusetts.Samay Kohli, Co-Founder and CEO, GreyOrange said, “We are fortunate to have an experienced management team and investors with a common vision to build the next generation of flexible supply chain systems.With the ongoing e-commerce and omni-channel boom, more international and regional operators are accepting that intelligent, flexible robotics solutions offer the highest productivity and efficiency improvements, giving these businesses a competitive edge.Through the use of flexible automation, the power of AI and exceptional customer service, we work closely with businesses to recognize their needs, optimize the supply chain and enhance process efficiency.
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