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Synopsis
BMW i Ventures, a venture capital firm, led a $20m funding round in Fox Robotics, an autonomous forklift company, with participation from Zebra Technologies, Japan Airlines, Translink Innovation Fund, Foothill Ventures, Menlo Ventures, ENIAC Ventures, and SignalFire. “Supply chain efficiency and resiliency are top of mind for many companies today. Fox Robotics’ autonomous forklifts allow customers to handle loads quicker and safer while increasing overall workplace productivity. We’re excited for Fox Robotics’ next phase of growth, bringing intelligent automation solutions to the global supply chain,” Kasper Sage, BMW i Ventures Managing Partner.
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