Mentioned:
Maven Robotics is deploying robots into industrial work environments. And now, they’ve just raised a mega round of fresh funding to scale up.
What’s happening:
- Maven Robotics has successfully raised $100M USD in a new Series A financing round
Why it matters:
- Maven Robotics has publicly stated that they have developed the world’s first general-purpose robotics system for industrial work
Going deeper:
- Maven Robotics’ flagship robot is a wheeled robot who is capable of moving at 10 miles per hour and lifting up to 30 kilograms of weight with its two arms
- RoboStrategy (NASDAQ: BOT) was the lead investor in Maven Robotics’ new capital raise
The intrigue:
- RoboStrategy also just recently made waves when they led a $200M USD Series C financing round for industrial robotics company Standard Bots
The fine print:
- Maven Robotics currently has only deployed up to 8 robots at one consumer packaged goods company
