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Maven Robotics raises $100 mln Series A

2026-10-03 Category: Briefs Comments(0)

Maven Robotics said it completed a $100 million Series A round jointly invested by UAE investment firm Shorooq and Presight, a listed company under G42, through Presight–Shorooq AI and Bedaya Funds. RoboStrategy, LocalGlobe, Vine Ventures and XTX Ventures also participated.

Founded in 2024, Maven Robotics focuses on intelligent industrial robots for logistics and manufacturing. The proceeds will mainly fund the build-out of a fleet of about 250 third-generation robots and the design of a fourth-generation model, while expanding from palletizing and bin handling into broader material-handling scenarios.

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