Fetch Robotics, a leading provider of warehouse automation solutions, has raised $20 million in Series C funding, bringing its total funding to date to $50 million. The company plans to use the funding to expand its product line and increase its sales and marketing efforts.
Warehouse Automation
Fetch Robotics' solutions are designed to improve the efficiency and productivity of warehouse operations, using autonomous robots to automate tasks such as material handling and inventory management. The company's robots are equipped with advanced navigation and sensing capabilities, allowing them to navigate complex warehouse environments with ease.
The company has reported 50% year-over-year growth in revenue, driven by the increasing demand for warehouse automation solutions.
'We are pleased to have the support of our investors as we continue to grow and expand our business, and we are excited to bring our innovative solutions to more customers,' said Melonee Wise, CEO of Fetch Robotics.