November 13, 2024: Vecna Raises $14.5M, Names Karl Iagnemma CEO - Vecna Robotics, a leader in industrial automation, secured $14.5 million in funding and announced Karl Iagnemma as its new CEO. Iagnemma, a former executive at Motional and NuTonomy, brings extensive robotics expertise to the role. Vecna specializes in robots for moving merchandise within industrial facilities, using AI for navigation and operational efficiency. Their product lineup includes autonomous forklifts and pallet trucks, all managed via the Pivotal platform. The funds will bolster product development, particularly for automotive and warehousing sectors.
