Geek+ announces $100 million series E1 financing round with strategic investment from Intel, valued over $2 billion

BEIJING, June. 8, 2023 /PRNewswire/ — Geek+, the global leader in autonomous mobile robot technologies, announced it has closed a new, $100 million series E1 funding series, with the company valued at over $2 billion. Investors in the round include Intel Capital, Vertex Growth, and Qingyue Capital Investment. The company will use this funding to accelerate its global market expansion and invest in its AMR technology research and development for key product innovation.
In early 2021, Geek+ closed a previously undisclosed series D financing round led by CPE.