Warburg Pincus-backed Chinese robotics unicorn Geek+ nets $200m

Warburg Pincus-backed Chinese robotics unicorn Geek+ nets $200m

Geek+, a Warburg Pincus-backed Chinese unicorn that uses AI and robotics to build smart logistics solutions, has closed over $200 million in a Series C round of financing.

The Series C round consists of two tranches of capital injections. The company recently completed a Series C2 round led by Beijing-based private equity firm V Fund. Temasek-backed Vertex Growth Fund and China-focused growth-stage investment firm Redview Capital participated in the deal.

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