Mytra raised $78M in a series B funding led by Greenoaks, Eclipse, Abstract Ventures, and Promus Ventures to revolutionize warehouse operations with AI-driven 3D robotics systems.

Jul 24, 2024•over 1 year ago

Amount Raised

$78 Million

Round Type

series b

San FranciscoMachine LearningArtificial Intelligence

Investors

Y Combinator Ceo Garry Tan515 VenturesLife XPromus VenturesAbstract VenturesEclipseGreenoaks

Description

Former Tesla lead Chris Walti unveiled Mytra, a startup co-founded with former Rivian lead Ahmad Baitalmal, with a mission to use AI-driven 3D robotics systems to transform warehouse operations. The company emerged from stealth with $78 million series B funding from major industry heavyweights and venture capital firms.

Company Information

Company

Mytra

Location

San Francisco, California, United States

About

Mytra builds software-defined warehouse robotics solutions designed to automate the most common industrial task in logistics – moving and storing material. Mytra solves critical bottlenecks for grocers, retailers, and other warehouse-dependent organizations, including Albertsons Cos., so they can increase supply chain resiliency and throughput and drive new innovations forward. Headquartered in South San Francisco, the company is backed by investors like Greenoaks, Eclipse, Abstract Ventures, Humba Ventures, Promus Ventures, LifeX, 515 Ventures, Garry Tan, and Lachy Groom.

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