Fenwick represented Vecna Robotics, a leader in flexible material handling automation, in its $65 million Series C financing. The round was led by Tiger Global Management, with participation from new investors Lineage Logistics, Proficio Capital Partners and IMPULSE.
The new financing will help fund the company’s technology roadmap with new autonomous mobile robots (AMR) and software, and will accelerate fulfillment of new orders and expanded operations. More information can be obtained from Vecna Robotics’ announcement.
The Fenwick transaction team was led by corporate partners Michael Esquivel and Jonathan Sagot and included associates John Clancy and Liz Malmen.