GreyOrange rallies $140 mln Series C

Singapore-based GreyOrange, a maker of advanced robotics systems for automation in distribution and fulfillment centers, has secured $140 million in Series C funding. Mithril Capital led the round with participation from other investors that included Blume Ventures. In addition to the funding, Ajay Royan, co-founder and managing general partner of Mithril Capital, will join the GreyOrange board.

Source: Press Release