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Fetch Robotics Nabs Series A Venture Capital

Thursday, June 18, 2015 5:46:00 AM PDT | VentureDeal
   San Jose, California  --  Electronics technology company Fetch Robotics has secured $20 million in its first round of institutional venture capital funding.

Fetch is developing robotic solutions for picking, fetching, freight and research applications.

SoftBank Capital led the round which also included previous investors O'Reilly AlphaTech Ventures and Shasta Ventures.

The company said it would use the funding to expand its sales and marketing operations as well as meeting increased demand from warehouses and fulfillment centers.

Fetch previously raised $3 million in February, 2015.

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