China’s Geek+ Raises $150 Million to Build Robots for Warehouses & Logistics

Published by , November 26, 2018 2:10 pm

(TechCrunch) Beijing-based robotics startup Geek Plus (aka Geek+) says that it has raised $150 million for product development of unmanned robots for use in warehouses and other environments where they replace humans in repetitive jobs such as sorting and moving objects from A to B. Geek Plus says that it has delivered more than 5,000 robots across some 100 robotics warehouse projects in China, Hong Kong, Taiwan, Japan, Australia, Singapore, Europe, and the United States. Current customers include Alibaba’s Tmall and VIP.com out of Asia.
Geek Plus says that this is the largest-ever funding round for a logistics robotics startup.

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