Ultra raises $62M and deepens ties with robot-brain startup Physical Intelligence
Photo: Crypto Briefing
The Brooklyn robotics startup rents warehouse robots by the month, and investors just put $62 million behind that model Ultra, a Brooklyn robotics startup that rents robots to warehouses the way you might rent a forklift, has raised $62 million. It also expanded its partnership with Physical Intelligence, the AI company building software that serves as a robot’s brain. The $62 million came in two parts. The bigger piece is a $50 million Series A led by Framework Ventures, with Y Combinator also participating. The rest is an earlier $12 million seed round.
Source: Crypto Briefing
