Addverb Technologies
Addverb Technologies is a Noida-headquartered robotics and warehouse-automation company that designs and manufactures mobile robots, sorting robots, ASRS (automated storage & retrieval) systems, picking systems, conveyors, and warehouse management/execution/control software, serving industries such as e-commerce, retail, grocery, fashion, pharma, and petrochemicals. The company was started in June 2016 by a group of former Asian Paints colleagues. Sources disagree on the…
Addverb Technologies: Funding Rounds
| Date | Round | Amount | Investors | Source |
|---|---|---|---|---|
| 18 Jan 2022 | Series B | $132 Mn | Reliance Retail Ventures | source |
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Who founded Addverb Technologies?
Addverb Technologies was founded by Sangeet Kumar, Prateek Jain, Bir Singh, Satish Kumar Shukla, Amit Kumar in 2016.
How much funding has Addverb Technologies raised?
Addverb Technologies has raised $132 Mn across 1 tracked funding round(s), most recently on 2022-01-18. Figures are compiled from cited public sources.
Who are the investors in Addverb Technologies?
Investors in Addverb Technologies include Reliance Retail Ventures.
What does Addverb Technologies do?
Addverb Technologies is a Noida-headquartered robotics and warehouse-automation company that designs and manufactures mobile robots, sorting robots, ASRS (automated storage & retrieval) systems, picking systems, conveyors, and warehouse management/execution/control software, serving industries such as e-commerce, retail, grocery, fashion, pharma, and petrochemicals. The company was started…
Where is Addverb Technologies headquartered?
Addverb Technologies is headquartered in Noida, Uttar Pradesh, India.
What is Addverb Technologies's business model?
Addverb Technologies's core value proposition centers on Human-robot collaboration mission, Global warehouse-automation leader, Lower-cost Make-in-India automation.
How does Addverb Technologies make money?
Addverb Technologies's cited revenue streams include Product sales, Installation & commissioning revenue.