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Yodel has successfully raised £85 million to support its growth in the e-commerce sector, with the funding round led by a consortium that includes PayPoint and IGF Group. In a separate development, PHINXT Robotics, a startup focused on automating warehouse operations through autonomous robots, has secured £2 million in funding. This investment round was led by Sure Valley Ventures, with participation from Ada Ventures, Atlas Venture, and Heartfelt VC. PHINXT Robotics aims to simplify the deployment of autonomous robots in warehouses, allowing operations of any size to utilize this technology without requiring specialized expertise.
PHINXT Robotics secures £2m to automate warehouse operations 🤖 The round was led by @SureValley. #funding #AI #startups https://t.co/7rnrYZJnJn
Excited to announce @SureValley's latest investment in PHINXT Robotics 🤖 Very proud to have led this round with participation from an amazing group of investors incl. @adaventures @atlasventure & @heartfelt_vc 🚀 Learn more at https://t.co/47gfFLM07g https://t.co/sFwdOuY5tc
Excited to welcome PHINXT Robotics to the @SureValley Portfolio - whose software allows warehouses to deploy autonomous robots as needed with no expertise required 🤖 One of the most exciting innovations we have seen this year, have a read in @thetimes👇 https://t.co/o65WH1aKZj
