Beijing robotics firm ForwardX’s Series C hits $61 million

ForwardX this week announced an additional $30 million in funding, bringing the Beijing-based firm’s Series C up to $61 million. The funding follows an initial tranche announced way back in December 2021. It brings the warehouse robotics firm’s total funding up to $140 million since its 2016 launch.
The last few years have been a good time to be running an autonomous mobile robotics (AMR) company, of course. The early days kicked things into overdrive for companies looking to automate, and the venture capital has followed suit. Even after most geographies have reopened, plenty of factors have

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