Dyna Robotics, a company focused on developing general-purpose robots, has successfully completed a $120 million funding round. This latest investment has propelled the company's valuation to over $600 million. The funding round drew participation from major technology players, including Nvidia and Amazon.
Dyna Robotics is building robots powered by its DYNA-1 AI system. These robots are designed to adapt to different environments and rapidly learn new skills. The company's robots are already being deployed in factories, restaurants, and laundromats. The company's mission is to bridge the gap between narrow-task bots and general-purpose embodied AI.
The company's initial seed round of $23.5 million was co-led by CRV and First Round Capital. Dyna Robotics's robots master tasks such as folding and food preparation, utilising affordable stationary robotic arms. This approach allows the company's AI models to learn and improve in real-world production environments.
