Announced
Completed
Financials
Tags
Private Equity
Private
Machinery: Industrial
Single Bidder
Acquisition
Majority
Cross Border
forklifts
United States
Friendly
Venture Capital
Completed
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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