Geek+, a China-based developer of autonomous mobile robots (AMRs) for intelligent logistics, has secured $100 million in a Series E1 round of financing, bringing the company’s valuation to over $2 billion.
Beijing-based Geek+ raised the new round from investors including Intel Capital, the venture arm of chipmaker Intel Corp, Singapore’s Vertex Growth, and Qingyue Capital Investment, the startup announced on Monday.