Germany’s Sereact raises €4.5M to provide AI robotics solutions for autonomous warehouses

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Stuttgart-based Sereact, a provider of AI-powered robotics solutions for autonomous warehouses, announced on Tuesday, August 8, that it has secured $5M (approximately €4.55M) in a Seed round of funding. Sereact says it will use the funds to expand its workforce and support the development and international roll-out of PickGPT. PickGPT is a potential innovation in the field of robotics aimed at enabling robots to comprehend natural language and understand their surroundings with exceptional intelligence and accuracy. The round was led by Point Nine and Air Street Capital.

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