CMU's warehouse vehicle manufacturer Seegrid has more than doubled its latest round to $52m, building on an initial $25m from G2VP six months ago.

Seegrid, a US-based autonomous industrial vehicle provider spun out of Carnegie Mellon University (CMU), raised $27m on Tuesday to close a $52m funding round led by venture capital firm G2VP.
G2VP had provided $25m for the round in March this year and was joined by unnamed technology and robotics investors for the extension.
Founded in in 2003, Seegrid has developed autonomous tow tractors and pallet trucks for use in the manufacturing, warehousing and logistics industries. It also…

Subscribe to go deeper

GCV subscribers get access to all our proprietary data and deep-dive articles, as well as the global directory of CVC investors.



Not sure if you have a subscription?
Thierry Heles

Thierry Heles is the editor of Global University Venturing, host of the Beyond the Breakthrough interview podcast and responsible for the monthly GUV Gazette (sign up here for free).
email
Linked in