A Pittsburgh-based robotics firm appears to be emerging from Chapter 11 bankruptcy protection after four months, the Pittsburgh Business Journal reported today. Seegrid Corp. has raised $11 million in an equity round, according to a filing with the U.S. Securities and Exchange Commission. Seegrid had filed filed for chapter 11 protection last October, listing outstanding debt of $48.3 million in court documents. Earlier this month, a Delaware court paved the path for Seegrid's largest shareholder and lender, supermarket Giant Eagle Inc., to reorganize the company and allow it to emerge from bankruptcy.
