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0.00124179528117794 0.00106439595529528 0.00301578854000358 0.00115309561823661 0.0026609898882384 0.00665247472059606 0.00690438176334922 0.00558807876530065
Stock impact report

Vecna Robotics raises $14.5M and taps former Motional CEO to lead startup [TechCrunch]

Aptiv PLC Ordinary Shares (APTV) 
Last aptiv plc ordinary shares earnings: 1/30 06:45 am Check Earnings Report
Company Research Source: TechCrunch
Vecna Robotics, a Massachusetts-based startup that uses robots to handle materials in warehouses, has hired Iagnemma as CEO. The robotics startup, which has developed autonomous pallet movers such as forklifts as well as software to help companies manage operations, also said Wednesday it has raised another $14.5 million in funding from existing investors. The startup said the funds will be used to accelerate its automation technology and improve its products for the automotive, general manufacturing, and high-volume warehousing industries. Vecna has raised $179 million, to date. Vecna, which is backed by Tiger Global Management, Proficio Capital Partners, Blackhorn Ventures, and Highland Capital Partners, to name a few, raised $50 million in 2020. Two years later, the company raised $65 million in a Series C round that was extended earlier this summer by $40 million in new funding including equity and debt. Iagnemma, who has dedicated most of his career to autonomy, told TechCr Show less Read more
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