Ex-Apple Special-Projects Team's Maven Robotics Exits Stealth With $100M Series A for Palletizing Bots
Summary
Maven Robotics emerged from stealth with $100M in Series A funding from RoboStrategy, LocalGlobe, Vine Ventures and XTX Markets Ventures. The company's wheeled dual-arm robots move up to 10 mph, lift 30kg via vacuum suction, and target mixed-palletizing in warehouses at 99%+ uptime for up to 16 hours a day. Co-founder and CEO Hamza Derbas spent nine years in Apple's special projects group; investor Jack Pearson highlighted the team's 'background in industrial systems, rather than a research culture optimized for learning.'
Originally reported by techcrunch.com
Read the original article →Original headline: Ex-Apple Special-Projects Team's Maven Robotics Exits Stealth With $100M Series A for Palletizing Bots