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Robotics and automation company Gideon Brothers raised $31 million in series A finance to accelerate the development and commercialization of vision-based autonomous mobile robots. The company intends to expand its manufacturing, sales, marking, and customer success operations in Europe and the United States by opening offices in Munich and Boston.
The financing round was led by Koch Disruptive Technologies (KDT). The company will expand its board of directors, adding KDT director Annant Patel, and a member of the board of management for contract logistics at DB Schenker, Xavier Garijo.READ MORE