Leading provider of AI-powered fulfilment automation, GreyOrange Inc., announced today that it has secured $135 million in its Series D fundraising round.
This investment, led by Anthelion Capital (previously Cowen Sustainable Investments), supports GreyOrange’s creative strategy for modernising retail store and warehouse operations with a dynamic array of certified robotic and sensor technologies and a software platform that is independent of hardware.
“As we scale our technology and enhance customer experiences and operational efficiency, we recognize that keeping the needs of our customers at the center of our product and solution roadmap has proven essential for our customers’ success, as well as our own,” said Akash Gupta, Co-Founder and CEO, GreyOrange. “This Series D funding amplifies our commitment to leadership within the AI and robotics orchestration space and affirms our thought leadership within this market.”
GreyOrange’s growth and adoption rates among the top 500 Fortune 500 customers in the market attest to the company’s capacity to drive technological change in the field of global supply chain automation.
“Not only has GreyOrange automated the movement of goods within the warehouse, but the company has also built a network that optimizes how retailers move their goods across their entire supply chain,” said Vusal Najafov, Co-Founder, Anthelion Capital. “Their capability to improve operational efficiency in various settings and their innovative approach in transforming inventory into a more productive asset in warehouses and retail spaces are key reasons for our excitement in leading this funding round.”
Recent fundraising for GreyOrange also shows a strong endorsement from current backers like Blume Ventures, 3State Ventures, and Mithril. Their unrelenting dedication to GreyOrange is demonstrated by their ongoing support as well as the substantial funds from earlier rounds.
The growth capital will be used by GreyOrange to further assist the implementation of its fulfilment orchestration platform in warehouses, distribution centres, and retail outlets, as well as to accelerate the company’s technological leadership and global expansion.
GreyOrange is at the forefront of AI-driven robotics systems, transforming distribution and fulfillment centers worldwide. Its emphasis on orchestration, innovation, and customer satisfaction marks a new era in efficient, responsive supply chain solutions.
The company’s solutions offer a competitive advantage by increasing productivity, empowering growth and scale, mitigating labor challenges, reducing risk and time to market, and creating better experiences for customers and employees. Founded in 2012, GreyOrange is headquartered in Atlanta, Georgia, with offices and partners across the Americas, Europe, and Asia.