Verity ups Series B funds to $43M for automated drone warehouse solution scaling
Swiss warehouse and logistics drone services company Verity has gotten a boost in its international scaling ambitions with a new financial infusion increasing its earlier $32 million Series B funding round by nearly 30%.
Within the past year, Verity has been luring a growing number of international logistics clients with its automated drone warehouse inventory and management system. As a result, the company has stepped up its scaling efforts to meet rising current and future customer demand, including organizing a Series B financing round that raised $32 million last March.
This month the Zurich-based startup said it had added an additional $11 million to that figure.
The earlier stake had been largely underwritten by the parent company and venture capital arm of shipping giant Maersk.
Read more: Verity’s warehouse inventory drones get millions from shipping client Maersk’s VC arm
In revealing the additional backing this…