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Robotics SINGLE SOURCE

Warehouse robot maker Ultra Robotics bags $62M

Industrial robotic arm in a Ciudad de México lab setting, showcasing automation technology.
Illustrative photo.Photo by Diego Martinez on Pexels

What happened

today announced that it has raised $62 million in funding over two rounds. Fortune reported that the company received the bulk of the capital, $50 million, through a Series A (an early stage of company funding) investment led by Framework Ventures.

Ultra’s seed round was jointly led by Y Combinator and NextView Ventures. Ultra sells a warehouse robot […] The post Warehouse robot maker Ultra Robotics bags $62M appeared first on SiliconANGLE .

Key facts

  • today — announced: that it has raised $62 million in funding over two rounds

Sources & evidence