Addverb Technologies raises $100 million to speed up global robotics expansion

Addverb Technologies, an Indian robotics and automation firm, disclosed plans to raise $100 million. The capital will be used to accelerate its global robotics push. The fundraising effort was reported by BW Businessworld. The company aims to expand its product portfolio and market reach. The funds are expected to support research and development activities. Addverb intends to scale manufacturing capabilities abroad. The move reflects growing investor interest in automation technologies. The company expects the investment to boost its competitive position.