Warburg Pincus Leads Series B Round of US$150 Million for Geek+ (Asia)
Source(s): Warburg Pincus, Asia Private Equity Review
Global private equity fund manager Warburg Pincus has led a Series B round of US$150 million for Geek+, a China-based artificial intelligence-enabled robotics developer. Vertex Ventures and Volcanics Venture also participated in the round. Geek+ provides warehousing, logistics and manufacturing automation solutions to Australia-, Asia-, Europe- and U.S.-based corporations.