PE Fund Investments

Robotics firm GreyOrange raises $110-M from Mithril Capital, BlackRock, Others

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Gurgaon-based robotics firm GreyOrange has raised USD 110 from existing investor Mithril Capital Management and new investor BlackRock. A group of other current and new investors also participated. GreyOrange will deploy the capital to accelerate its technology leadership, continue its global expansion and support the adoption of its unique fulfilment platform in warehouses, distribution centres and retail stores.

From the Venture Intelligence PE-VC Deal Database: Between 201 and 2018, Grey Orange had raised about USD 180 M from Tiger Global, Blume Ventures, Mithril Capital, InnoVen Capital, others. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)

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