Takeoff Technologies is among the companies seeing a spike in demand for automated microfulfillment centers, and its CEO explains the startup's approach to the grocery market.
Takeoff Technologies, a Waltham, Mass.-based developer of automated grocery fulfillment solutions, raised $25 million in Series C funding. The round, led by Forrestal Capital, was for 5 percent of the company at a $500 million valuation. Takeoff Technologies has now raised $86 million in funding since it was founded in 2016. Takeoff, which licenses its…