When was ForwardX founded?

ForwardX was founded in 2016 and raised its 1st funding round 1 year after it was founded.

Where is ForwardX located?

ForwardX is headquartered in Beijing, China.

Who is the current CEO of ForwardX?

Nicolas Chee, Nicolas Chee and Chee N s of ForwardX. Nicolas Chee has also founded 1 company.

How many employees does ForwardX have?

As of Mar 31, 2026, the latest employee count at ForwardX is 94.

Is ForwardX a funded company?

ForwardX is a funded company, having raised a total of $140M across 9 funding rounds to date. The company's 1st funding round was a $***** Angel round, raised on Jun 2017.

When was the latest funding round of ForwardX?

ForwardX's latest funding was a $***** Series C round on Jul 12, 2023, with participation from 2 investors.

Where does ForwardX rank among its competitors?

ForwardX ranks 30th amongst 768 active competitors, of which 157 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was Unbox Robotics, which secured $14.1M in Jan, 2026.

Who are the top competitors of ForwardX?

ForwardX's top competitors include GreyOrange, Addverb and Unbox Robotics. Among them, Unbox Robotics secured the most recent funding round in January, 2026.

ForwardX - 2026 Company Profile, Team, Funding & Competitors

Company Details

Provider of AI-based AMRs for warehouse automation and picking operations. It offers autonomous mobile robot solutions for logistics and material handling in various industries and AGVs for picking, material movement, delivery, and more. It also provides fleet management software.

Website: www.forwardx.com
Social
Email ID: *****@forwardx.com, *****@forwardx.com

Key Metrics

Founded Year

2016

Location

Beijing, China

Stage

Series C

Total Funding

$140M in 9 rounds

Latest Funding Round

Series C, Jul 12, 2023, $*****

Investors

CDH & 14 more

Ranked

30^th among 768 active competitors

Employee Count

94 as on Mar 31, 2026

Similar Companies

GreyOrange & 753 more

View ForwardX's full profile

ForwardX has raised a total funding of $140M over 9 rounds. Its first funding round was on Jun 2017. Its latest funding round was a Series C round on Jul 12, 2023 for $*****. 2 investors participated in its latest round. ForwardX has 15 institutional investors.

Here is the list of recent funding rounds of ForwardX:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 12, 2023	3451372	Series C	4767543	1456992	3198556	8812138
Dec 14, 2021	1769780	Series C	5405815	9793686	9470937	Qualcomm Ventures & 2 more
Mar 23, 2021	1274284	Series B	4822911	2100966	CDH & 2 more	Zhongguancun Development Group

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View details of ForwardX's funding rounds and investors

The founders of ForwardX are Nicolas Chee and Nicolas Chee. Nicolas Chee, Nicolas Chee and Chee N are the CEOs of ForwardX.

Here are the details of ForwardX's key team members:

Nicolas Chee: Founder & CEO ForwardX Robotics of ForwardX.
Nicolas Chee: Founder & CEO of ForwardX.
Contact Info: 1 email address
Chee N: CEO of ForwardX.
Contact Info: 1 email address

View details of ForwardX's Founder profiles and Board Members

ForwardX's employee count trend

ForwardX has 94 employees as of Mar 26. Here is ForwardX's employee count trend over the years:

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Top competitors of ForwardX include GreyOrange, Addverb and Unbox Robotics. Here is the list of Top 10 competitors of ForwardX, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	GreyOrange 2012, Suwanee (United States), Series D	Provider of warehouse and in-store automation solutions using artificial intelligence	$545M	Mithril, Tiger Global Management & 56 others	74/100
2nd	Addverb 2016, Noida (India), Acquired	Provider of automated warehouse solutions using robotics and software	$66.9M	Reliance Retail, GAIL & 6 others	71/100
3rd	Unbox Robotics 2019, Pune (India), Series B	Provider of software-defined robotics system for warehouse operations	$28.2M	3one4 Capital, RedStart Labs & 53 others	71/100
4th	Kindred 2014, San Francisco (United States), Acquired	Developer of AI-powered robotics for picking placing sorting automation	$28M	Tencent, Eclipse & 11 others	69/100
5th	Agility Robotics 2015, Salem (United States), Series C	Developer of robots and a cloud-based automation platform for logistics operations	$180M	Playground Global, DCVC & 18 others	69/100
6th	Ati Motors 2017, Bengaluru (India), Series B	Manufacturer of autonomous mobile robots for material movement and productivity	$35.5M	Tamarind Innovation Ventures, NGP Capital ... & 17 others	68/100
7th	Geekplus 2015, Beijing (China), Public	Provider of robotics solutions for warehouse and logistics automation needs	$532M	Warburg Pincus, GGV Capital & 16 others	68/100
8th	Symbotic 2007, Wilmington (United States), Public	Developer of warehouse automation solutions based on AI and Robotics technology	-	-	68/100
9th	Robust 2019, San Carlos (United States), Series A	Developer of autonomous mobile robots and AI-powered workflow automation	$42.5M	Prime Movers Lab, JAZZ Venture Partners & 15 others	66/100
10th	Dexory 2015, Wallingford (United Kingdom), Series C	Provider of warehouse automation using autonomous robots and AI-driven data	$194M	Lakestar, DTCP & 35 others	66/100
30th	ForwardX 2016, Beijing (China), Series C	Provider of AI-based AMRs for warehouse automation and picking operations	$140M	BOCOM International, Qualcomm Ventures & 13 others	59/100