ForwardX Robotics raises $30 million in a funding round, bringing the series C total to $61 million. The company focuses on assisted picking and material handling solutions for global companies.
ForwardX is expanding globally and is deploying warehouse logistics AMRs at its first customers in North America.
ForwardX plans to use the new capital to accelerate its research and development timeline, increase its deployment capabilities in key markets.
ForwardX Robotics will use the funding to accelerate development of new and existing products and expand its market share worldwide.
ForwardX has announced completion of Series B+ funding led by China Merchants Capital. The autonomous mobile robot provider is expanding into North America.
ATLANTA – There weren’t as many official news announcements on the third day of the MODEX show, but there were still enough items of note in the robotics space, as companies continued to meet with attendees offering new robot solutions in the warehousing and materials handling space. Yes, it is time for another MODEX roundup! […]