GreyOrange, a warehouse automation company, has raised $135 million in its Series D funding round. The funding was led by Antheion Capital and will be used to deploy AI technology in warehouse automation operations. GreyOrange is known for its trademark technologies, GreyMatter and gStore, which have helped the company dominate the warehouse automation market. The company was founded in 2011 and has since raised significant capital four times. GreyOrange plans to use the funding to strengthen its technology leadership and expand its global footprint. The company’s commitment to customer-centric innovation has been a key factor in its success. The warehouse automation sector is expected to grow substantially in the coming years. Along with the funding, GreyOrange has appointed co-founder Akash Gupta as its new CEO.
