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Eka Robotics reportedly hits $1.45B valuation with $150M Series A

Eka Robotics reportedly hits $1.45B valuation with $150M Series A

Photo: Crypto Briefing

The Cambridge startup behind a physics-trained robotic arm is reportedly now a unicorn, roughly a year after its seed round Robots have long been great at lifting car doors and terrible at picking up a grape. Eka Robotics thinks it has closed that gap, and investors appear to agree. The Cambridge, Massachusetts startup has reportedly raised a $150 million Series A at a $1 billion valuation, according to TechCrunch. The pitch is a robotic arm that can grab a wide range of objects with motion smooth enough to look almost human.

Source: Crypto Briefing

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