GreyOrange Announces $135M Series D Led by Anthelion Capital

December 20, 2023Client News

Gunderson Dettmer represented GreyOrange, a leader in AI-driven fulfillment automation, in its $135 million Series D financing led by Anthelion Capital. GreyOrange is at the forefront of AI-driven robotics systems, transforming distribution and fulfillment centers worldwide. The company’s solutions offer a competitive advantage by increasing productivity, empowering growth and scale, mitigating labor challenges, reducing risk and time to market and creating better experiences for customers and employees.

The company will use the new capital to accelerate the company’s technology leadership, continue its global expansion and further support the adoption of GreyOrange’s fulfillment orchestration platform in warehouses, distribution centers and retail stores.

In the announcement of the transaction, GreyOrange Co-founder and CEO Akash Gupta said, “As we scale our technology and enhance customer experiences and operational efficiency, we recognize that keeping the needs of our customers at the center of our product and solution roadmap has proven essential for our customers’ success, as well as our own. This Series D funding amplifies our commitment to leadership within the AI and robotics orchestration space and affirms our thought leadership within this market." 

The Gunderson Dettmer deal team was led by Greg Volkmar and included Jose Rivera, David Sharrow, Michael Carroll, Michael Weil, Brandon Joseph, Maureen Sweeney, and Caitlin Peltz.

Anthelion Capital