Announced
Completed
Financials
Sources
Tags
China
Minority
Cross Border
Friendly
Acquisition
Completed
Private Equity
Venture Capital
warehousing solutions
Private
logistics robots
Software
Synopsis
Kion Group, a German warehouse equipment maker, and Prosperity7 Ventures, a boutique investment-consulting firm, led a $100m Series C funding round in Quicktron, a Chinese smart logistics firm. The round was joined by China Creation Ventures. The funds will be used for technical upgrading. The tech firm started building its robot manufacturing factory in Shanghai.
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