WilmerHale Advises Wellington Management in AMP Robotics’ $91M Series C Financing
On November 2, 2022, AMP Robotics, a pioneer in artificial intelligence, robotics, and infrastructure for the waste and recycling industry, announced it has raised $91 million in corporate equity in a Series C financing, led by Congruent Ventures and Wellington Management.
New and existing investors include Blue Earth Capital, Sidewalk Infrastructure Partners (SIP), Tao Capital Partners, XN, Sequoia Capital, GV, Range Ventures, and Valor Equity Partners. This new round of funding follows a $55 million Series B financing led by XN in January 2021. AMP will use the latest funding to scale its business operations while continuing its international expansion.
The WilmerHale legal team representing Wellington was led by Jason Kropp and included Nickolas Andreacchi, Avery Reaves, Ariel Soiffer and Meghan Walsh.