Warehouse Robot Startup Ultra Raises $62M, Partners With Physical Intelligence on Learned Fleet

Brooklyn-based Ultra disclosed $62M total funding — a $50M Framework Ventures-led Series A plus a $12M Y Combinator- and NextView-led seed — for its warehouse-packing robots-as-a-service fleet. The company says Physical Intelligence (valued at $5.6B) supplies the policy stack that lets the devices 'learn and improve rapidly in response to any given customer's set-up,' with Ultra charging an upfront integration fee plus ongoing monthly hardware-and-software fees.