Dyna Robotics has just raised $120 million in a new funding round. This boost pushes the startup’s value above $600 million. The news came from Bloomberg on Monday.
The funding round was led by CRV, First Round Capital, and RoboStrategy. RoboStrategy is a fund that focuses only on robotics companies. Several big tech companies also joined the round. Nvidia, Amazon, and Salesforce all invested through their venture capital divisions.
Dyna Robotics was founded in 2024. The company creates AI models that help robots learn and improve how they work in real-world situations. Their goal is to make robots that are smart but also affordable and useful in many different settings.
Right now, Dyna’s stationary robotic arms are already being used in various industries. In restaurants, they fold napkins. In gyms, they fold towels. In laundromats, they help fold clothes. This shows the robots can handle practical, everyday tasks and help save time and effort for businesses.
The company believes its robots can be used in many more areas as the technology develops. Investors are betting that Dyna Robotics can grow quickly and make its machines a common sight in workplaces around the world.