Neptune Robotics, Maker of Underwater Robots, Snags $52 Million for Global Push
Neptune Robotics, which makes robots that clean the underside of giant ships, raised $52 million to accelerate its artificial intelligence-fueled global expansion.The funding round is a step toward a planned initial public offering in the US as soon as 2027, Chief Executive Officer Elizabeth Chan said in an interview. It will help the Singapore-based company expand its reach to as many as 30 countries as it targets the world’s biggest container-ship fleets....
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