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Announcement

Ultra announces $62 million to tackle robotics deployment

Ultra says the funding includes a $50 million Series A led by @hiFramework.

UltraUL
2 Sources, 1h ago, first seen 1h ago

TLDR

Ultra announced $62 million in funding, including a $50 million Series A led by @hiFramework. The company says deployment is robotics’ bottleneck: making robots useful outside controlled environments, keeping them running and earning the trust of people working alongside them.

Combined views

23.6K

2 Sources, first seen 1h ago

209 likes32 comments69 saves41 reposts

Combined views

23.6K

2 Sources, first seen 1h ago

209 likes32 comments69 saves41 reposts

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2 Sources

Ultra@UltraroboticscoRobotics has a distribution problem. Today, Ultra is announcing $62M in funding to solve it, including a $50M Series A led by @hiFramework. We believe that deployment is the bottleneck in robotics. It’s relatively easy to make a robot look impressive in a controlled environment. It’s much harder to put a robot into the open world, make it useful, keep it running, earn the trust of the people working alongside it, and do that over and over and over again. So that’s what we’re focusing on.1h
Jared Friedman@snowmakerMost robot startups, even well funded ones, are still doing R&D. Ultra's shipping. Their robots are out there in the field doing necessary work every day.22m
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    2 Sources

    Ultra@UltraroboticscoRobotics has a distribution problem. Today, Ultra is announcing $62M in funding to solve it, including a $50M Series A led by @hiFramework. We believe that deployment is the bottleneck in robotics. It’s relatively easy to make a robot look impressive in a controlled environment. It’s much harder to put a robot into the open world, make it useful, keep it running, earn the trust of the people working alongside it, and do that over and over and over again. So that’s what we’re focusing on.1h
    Jared Friedman@snowmakerMost robot startups, even well funded ones, are still doing R&D. Ultra's shipping. Their robots are out there in the field doing necessary work every day.22m
    Today's Rank

    #6

    Today's Rank

    #6