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Plus One Robotics has raised $33 million in a Series B funding, with McRock Capital and Translink Capital leading the round. BMW i Ventures, Kensington Capital Partners, Perot Jain, and Ironspring Ventures also participated in the round.
The new funds will directly support Plus One’s expansion in the U.S. and Europe, as well as continued product development.
“We’re fortunate to work with customers at the leading edge of warehouse automation who share our values of ‘Robots Work. People Rule.’ Like our clients, our investors have a global footprint representing Asia and the EU as well as North America. This potent combination sets Plus One on a course to continue growing our international installed base,” says CEO and co-founder Erik Nieves.
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Plus One Robotics, a human-robot collaboration software company headquartered in San Antonio, has announced this week $33 million in Series B funding led by McRock Capital and Translink Capital, with participation from BMW i Ventures, Kensington Capital Partners, Perot Jain and Ironspring Ventures. The company has raised a total of $43.6 million since 2018. We re fortunate to work with customers at the leading edge of warehouse automation who share our values of ‘Robots Work. People Rule. Like our clients, our investors have a global footprint representing Asia and the EU as well as North America. This potent combination sets Plus One on a course to continue growing our international installed base, said co-founder and CEO Erik Nieves in the release.