GreyOrange, the robotics company, has raised USD 30 million in a second strategic round of funding (Series B) led by the existing investor Blume Ventures and Tiger Global Management.
The company said in a statement that GreyOrange will use this latest round of capital to invest in further research and development for new products, expand its executive team and accelerate its international expansion into Asia Pacific, Middle East and Europe.
The co-founder and chief executive of the company, Samay Kohli said, “We are doubling our team size globally as we steer the company and our products beyond India and into international markets.”
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