Warehouse robotics firm GreyOrange raises $110M via growth financing

Robotics firm GreyOrange this week announced it has raised $110 million. The funding comes four years after a $140 million Series C that brought the Atlanta-based company’s raise to $170 million. Rather than the standard fundraising round, however, GreyOrange has opted for growth financing, largely backed by Mithril Capital Management, with support from BlackRock.
“Given our track record of performance, we were in the advantageous position of strategically selecting when and how to best fuel our continued growth,” Samay Kohli said of the decision to go through growth financing vers

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