Fort Robotics Lines Up Extra $20M PIPE From Tiger Global and Mark Cuban Ahead of Nasdaq SPAC Merger

Fort Robotics — maker of the Trust Layer safety stack deployed on more than 19,500 robots across warehousing, defense and construction — disclosed ~$20M of fresh commitments, including a $10M top-up to its common equity PIPE led by Tiger Global with Mark Cuban Companies participating. Both tranches close with the pending Newbury Street II SPAC merger that lists the combined company on Nasdaq as 'FROB.'