Ultra Robotics secures $62 million across two funding rounds
Framework Ventures led the $50 million Series A, which accounted for most of the funding. The earlier seed round was jointly led by Y Combinator and NextView Ventures, according to SiliconANGLE. Fortune also reported that Ultra announced a partnership with AI research firm Physical Intelligence.
- Ultra says its robots have packed over 500,000 orders, according to RuntimeWire.
Covered by 3 publishers within 12 hours of the first report.
Reporting3
Fortune Ultra raises $62 million for fast-growing ‘robots as a service’ business, announces tie-up with AI research firm Physical Intelligence · Jeff John Roberts
RuntimeWire Ultra raises $50M to put warehouse robots on more floors · Ryan Merket
SiliconANGLE Warehouse robot maker Ultra Robotics bags $62M · Maria Deutscher