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Seegrid Secures $50M Series D to Accelerate Growth of Autonomous Mobile Robots

Seegrid, a Pittsburgh-based provider of autonomous mobile robots (AMRs) for pallet material handling, has closed a $50M Series D investment round led by Giant Eagle Incorporated and G2 Venture Partners, with additional backing from existing shareholders. This funding will accelerate Seegrid’s growth in the autonomous lift truck market, which is experiencing higher-than-expected demand.

CEO Joe Pajer underlined the confidence of investors in Seegrid’s innovative AMR technology, noting that labor shortages and rising wages are driving rapid adoption of automation in material handling. This investment strengthens Seegrid’s leadership in the evolving autonomous tow tractor and lift truck sectors.

James Dargan
About the author
James Dargan

James Dargan is a writer and researcher at The AI Insider. His focus is on the AI startup ecosystem and he writes articles on the space that have a tone accessible to the average reader.

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