Reliance-backed Addverb chasing $100M+ to bolt humanoid robots onto warehouse stack
Noida-based Addverb is raising over $100 million to push from warehouse automation into humanoid robotics. Proceeds fund R&D and manufacturing scale-up, with Reliance Retail's e-commerce, FMCG and logistics operations as the anchor deployment ground for next-gen fulfilment automation.
Reliance-backed warehouse-automation firm Addverb is raising over $100 million to expand into humanoid robotics. The capital will fund R&D and manufacturing scale-up, supporting automation across Reliance facilities and enterprise clients in e-commerce, FMCG and logistics.