Locus Robotics, a leader in autonomous mobile robots (AMR) for fulfillment and distribution warehouses, announced more than $117 million in Series F funding, led by Goldman Sachs Asset Management and G2 Venture Partners. As part of the financing, Mark Midle, Managing Director, Goldman Sachs, and Zach Barasz, Partner, G2 Venture Partners, will join the Locus Board of Directors, bringing…
Tag: Goldman Sachs Asset Management
MoEngage raises $77 mn Series E funding led by Goldman Sachs Asset Management and B Capital
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•MoEngage, the insights-led customer engagement platform, announced that it has raised $77 Million in Series E funding. This round is led by Goldman Sachs Asset Management and B Capital, with participation from the company’s existing investors Steadview Capital, Multiples Alternate Asset Management, Eight Roads Ventures, and Matrix Partners India. This is the third round of funding raised…
Robotics startup Exotec raises $335M in Series D funding at $2B valuation
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•Exotec, a leader in global warehouse robotics, announced $335M in Series D funding at a $2B valuation. The Growth Equity business within Goldman Sachs Asset Management led the round with follow-on investments from 83North and Dell Technologies Capital. Exotec will leverage the funds to continue to launch large-scale deployments in North America, Europe, and Asia for global brands. The company also plans to…
ComplyAdvantage extends Series C round to $70 Mn with new Goldman Sachs investment
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•ComplyAdvantage, a global data technology company transforming financial crime detection, announced a new investment by the Growth Equity team in Goldman Sachs Asset Management. The terms of the transaction were not disclosed. The investment is an extension to the company’s oversubscribed Series C funding announced in July 2020. Goldman Sachs Asset Management joins a growing…
NextNav raises $120mn in new round of funding
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•NextNav LLC, the leader in 3D geolocation services, has announced it raised $120mn in debt and equity financing. Funds managed by affiliates of Fortress Investment Group, LLC led the funding round, with NextNav’s existing investor base. Other participators include Columbia Capital, Telcom Ventures, funds managed by Goldman Sachs Asset Management, L.P., NEA, Oak Investment Partners,…