Geek+ Raises $100 Million at more than $2 Billion Valuation

Geek+ is a technology company that specializes in smart logistics. Geek+ is a provider of autonomous mobile robots, or AMR, that handle various tasks for warehousing – picking, sorting, and moving. Advanced robotic and AI technology is developed to create reliable, efficient, and flexible solutions that help industries around the world.

Among Series E1 round’s investors are Intel Capital, Vertex Growth, and Qingyue Capital Investment. Additionally, Geek+ announced about previously not disclosed round, Series D, at the beginning of 2021. The new funding will be used for research and development, as well as for global market expansion.

Geek+, Beijing, China, was founded by Yong Zheng, Hongbo Li, Kai Liu, and Xi Chen in 2015. “Thanks to the successful implementation of our global business strategy, the transformative value of our products, and the surge of the smart logistics market, Geek+ is well-positioned to further capture the outsized growth opportunities,” founder and CEO Yong Zheng. Geek+ has sales, service, and operations capabilities in more than 30 countries over the world. As of now, among the company’s clients are over 500 global industry leaders in automotive, pharmaceuticals, retail, electronics, and other industries. Geek+ team consists of more than 1500 employees in offices across China, Singapore, Germany, the USA, etc.

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