Dyna Robotics has closed a $120 million Series A funding round, led by Robostrategy, CRV, and First Round Capital, with participation from Salesforce Ventures, NVentures (Nvidia’s venture capital arm), the Amazon Industrial Innovation Fund, Samsung Next, and LG Technology Ventures.
The new capital will be used to expand its world-class research and engineering team and accelerate the development of its next-generation foundation model as the company works to deliver high performance general-purpose robots in commercial environments.
Dyna has made rapid progress since raising a $23.5 million seed round in March, including launching its DYNA-1 model, a breakthrough robotics foundation model that pushed the performance of robots to a 99+ percent success rate in 24 hours of non-stop operation. [Read more…] about Dyna Robotics raises $120 million to advance robotic foundation models on ‘path to physical artificial general intelligence’