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Seegrid Raises $25M to Expand Industrial AVs That Navigate With Low-Resolution Cameras


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overview

Seegrid, a robotics company that makes autonomous industrial vehicles, is expecting to double its revenue for the second year in a row. The Pittsburgh-based company just announced that it has raised $12 million of equity capital from Giant Eagle, its majority shareholder, and several other existing and new investors, and has a commitment for an additional $13 million from Giant Eagle.