The financing round was led by LG Technology Ventures, the Silicon Valley-based venture capital arm of the LG Group, with participation from Safar Partners, UOB Venture Management, and existing investors Alpha JWC and LDV Partners. The funding will be used to accelerate Venti's growth and meet increasing demand from customers worldwide.

Venti Technologies is a world leader in autonomous logistics for the global supply chain and industrial hubs: ports, airports, warehouses, factories and depots. Founded in 2018 by a team with strong roots at MIT, the company is pioneering the future of transportation for moving goods. Its highly flexible and industrial grade precision technology enables rapid deployment and best-in-class safety and operational efficiency for customers.