Gideon Brothers raises $31 million Series A to increase product line

Gideon Brothers declares it has raised a $31 million Series A funding to speed up the event and commercialization of its AI & 3D vision-based autonomous cellular robots (AMRs). The firm will even increase its Manufacturing, Sales, Marketing, and Customer Success operations throughout key markets of the European Union and United States by opening places of work in Munich, Germany and Boston, Massachusetts, respectively.

The Series A spherical was led by Koch Disruptive Technologies (KDT), the enterprise and progress arm of Koch Industries, Inc., with participation from DB Schenker, Prologis Ventures, and Rite-Hite. The spherical additionally contains participation from a number of of Gideon Brothers’ present shareholders, who’re among the many first backers of the Company: Taavet Hinrikus (co-founder of TransferWise), Pentland Ventures, Peaksjah, HCVC (Hardware Club), Ivan Topčić, Nenad Bakić, and Luca Ascani. The firm will increase its Board of Directors with two seasoned trade leaders: Annant Patel, Director, KDT, and Xavier Garijo, Member of the Board of Management for Contract Logistics, DB Schenker.

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