WORLDTECH NEWS Global technology intelligence.Contact
← Back to WORLDTECH
Robotics SINGLE SOURCE

How Maven Robotics plans to automate industrial work, one task at a time

A white robotic arm operating indoors with a modern design and advanced technology.
Illustrative photo.Photo by Magda Ehlers on Pexels

What happened

With the $100 million it raised earlier this month, Maven Robotics is looking towards mass producing its mobile manipulator robot. | Source: Maven Robotics Since it was founded in 2024, Maven Robotics has created four iterations of its mobile manipulator, raised $100 million, and gone from early pilots to a production contract with its first customer.

Maven has moved fast, raising Series A (an early stage of company funding) funding last month, but the Santa Clara, Calif.-based company started its journey by focusing on which problems it wanted to solve. The post How Maven Robotics plans to automate industrial work, one task at a time appeared first on The Robot Report .

Maven founders, CFO Khalid Derbas and CEO Hamza Derbas with the company’s robot. It currently has robots running 16 hours a day, five days a week, with up to 99% uptime, according to Hamza Derbas, co-founder and CEO of Maven Robotics.

Sources & evidence