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✉news TechnologyRobotics first seen 5 h ago, last 1 h ago, peak #16

Ultra raises $62 million for robots-as-a-service, partners with Physical Intelligence

Original: Ultra raises $62 million for fast-growing ‘robots as a service’ business, announces tie-up with AI research firm Physical Intelligence

Robotics firm Ultra has raised $62 million to expand its 'robots as a service' business, which leases robotic systems to customers rather than selling them outright. Alongside the funding round, the company announced a partnership with AI research firm Physical Intelligence to advance the intelligence behind its robots. The deal highlights growing investor interest in robotics startups combining hardware services with cutting-edge AI research.

Why now: Investors and the robotics industry are watching funding and AI partnerships accelerate in the fast-growing robots-as-a-service sector.

UltraPhysical Intelligence

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Rank over time, top of the chart is #1. 4 snapshots from 5 h ago to 1 h ago.

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