✉news TechnologyRobotics first seen 1 d ago, last 18 h ago, peak #1
Warehouse robot maker Ultra Robotics raises $62 million
Original: Warehouse robot maker Ultra Robotics bags $62M
Ultra Robotics, a company that builds robots for warehouse operations, has raised $62 million in new funding. The investment underscores continuing strong interest in warehouse automation, as logistics companies look to robotics to cut labour costs and speed up order fulfilment. Details on the investors and the company's plans for the money were not immediately clear.
Why now: Warehouse automation funding remains a hot topic as logistics firms push to automate fulfilment operations.
Evidence
- Warehouse robot maker Ultra Robotics bags $62M · SiliconANGLE
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