RoboticsFortuneabout 2 hours ago
Ultra Raises $62 Million for Robots
7 min read
Brooklyn-based startup Ultra announced on Friday it raised $62 million in funding to expand its robots-as-a-service business. The round included a $50 million Series A led by Framework Ventures and a $12 million seed round. CEO Jon Miller Schwartz highlighted a new partnership with AI firm Physical Intelligence to supply robot brains for warehouse logistics operations.
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