✉news TechnologyRobotics first seen 9 h ago, last 1 h ago, peak #1
Warehouse robot maker Ultra Robotics bags $62M
Ultra Robotics, a company that builds warehouse robots, has raised $62 million in new funding. The investment positions the firm to expand its automation technology for logistics and fulfilment operations, a sector seeing strong demand as e-commerce drives retailers to automate warehouses. The funding was reported by SiliconANGLE; details on the investors and planned use of the capital were not immediately available.
Why now: Investors and logistics firms are closely tracking funding in warehouse automation as demand for robotics surges.
Rank over time, top of the chart is #1. 7 snapshots from 9 h ago to 1 h ago.
Evidence
- Warehouse robot maker Ultra Robotics bags $62M · SiliconANGLE
API: https://socialmediatrends-api.osmike.com/v1/trends/1664050