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Maven Robotics raises $100 mln for general-purpose industrial robots - RobotHOT

Maven Robotics raises $100 mln for general-purpose industrial robots

Maven Robotics, a California-based startup developing general-purpose robots for industrial work, said on Thursday it raised $100 million in Series A funding to expand its logistics and manufacturing platform. The round included RoboStrategy, LocalGlobe, Vine Ventures and XTX Ventures, among others. Maven will use the proceeds to scale deployments and advance its system as it moves beyond palletizing and tote handling into broader industrial tasks. The company cited U.S. labor shortages expected to worsen as demand grows. It says its platform combines hardware, software and AI across robot, fleet and factory levels, and connects deployment data through a Maven network designed to share learning across systems. It targets industrial applications requiring reliable performance over multiple shifts. CEO Hamza Derbas, who...

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