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Synopsis
Investment firms Intel Capital, Vertex Growth, and Qingyue Capital Investment led a $100m Series E round in Geek+, a provider of autonomous mobile robot technologies. "Thanks to the successful implementation of our global business strategy, the transformative value of our products, and the surge of the smart logistics market, Geek+ is well-positioned to further capture the outsized growth opportunities. Geek+ has passed the stage of simply pursuing scale and is now moving towards the stage of commercial success with profitability and positive cash flow," Yong Zheng, Geek+ Founder and CEO.
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