Addverb Technologies seeks $100 million funding to accelerate robotics expansion

Addverb Technologies announced a funding target of $100 million. The capital will be used to accelerate its robotics business. The company focuses on automation solutions for industry. Funding will support development of new robotic platforms. It will also expand manufacturing capacity. Addverb aims to capture a larger share of the global automation market. Investors are being courted to back the growth plan. The move reflects rising demand for robotics in manufacturing.