• Home
  • Technology
  • Gaming
  • Entertainment
  • World & Business
  • Science
  • Sports
  • AI
HomeTechnologyGamingEntertainmentWorld & BusinessScienceSportsAI
AI
Announcement

Ultra announces $62 million to tackle robotics deployment

Ultra says the funding includes a $50 million Series A led by @hiFramework.

Y CombinatorYC
Physical IntelligencePI
UltraUL
5 Sources, 8h ago, first seen 8h ago

TLDR

Ultra announced $62 million in funding, including a $50 million Series A led by @hiFramework. The company says deployment is robotics’ bottleneck: making robots useful outside controlled environments, keeping them running and earning the trust of people working alongside them.

Combined views

112.9K

5 Sources, first seen 8h ago

693 likes88 comments255 saves99 reposts

Combined views

112.9K

5 Sources, first seen 8h ago

693 likes88 comments255 saves99 reposts

Sentiment

Positive——Negative

Summary

Not enough discussion yet.

No sentiment analysis available yet.

Featured Source

Sentiment

Positive——Negative

Summary

Not enough discussion yet.

No sentiment analysis available yet.

5 Sources

Ultra@UltraroboticscoRobotics has a distribution problem. Today, Ultra is announcing $62M in funding to solve it, including a $50M Series A led by @hiFramework. We believe that deployment is the bottleneck in robotics. It’s relatively easy to make a robot look impressive in a controlled environment. It’s much harder to put a robot into the open world, make it useful, keep it running, earn the trust of the people working alongside it, and do that over and over and over again. So that’s what we’re focusing on.8h
Jon Miller Schwartz@JonMSchwartzThere cannot be a ChatGPT moment for robotics without robots. That's why at Ultra, we're focused on the industry's biggest bottleneck: deployment. Since the very beginning, we've chosen to deploy before it was comfortable, learning lessons that only customers and the chaos of the real world could teach us. Those lessons became the foundation for OP1, a robot designed from the ground up for the realities of scaled deployment. Through repetition, we've built the operational muscle and knowledge needed to scale the installation, operation, and servicing of our robots. And most importantly, we've learned how to enable our customers to succeed with them. It's easy in robotics to become completely engrossed with the robot itself. But technology only matters when it's useful to someone. The best robot is the one people can rely on every day to build, do, and achieve more. It's time to deploy more robots.8h
Jared Friedman@snowmakerMost robot startups, even well funded ones, are still doing R&D. Ultra's shipping. Their robots are out there in the field doing necessary work every day.7h
Y Combinator@ycombinatorRT @JonMSchwartz: There cannot be a ChatGPT moment for robotics without robots. That's why at Ultra, we're focused on the industry's bigges…4h
Physical Intelligence@physical_intExcited to see our partners at @Ultraroboticsco announce their $50M Series A! Ultra is a great example of what's becoming possible when general-purpose robot foundation models meet real-world deployments!1h
    • Home
    • Technology
    • Gaming
    • Entertainment
    • World & Business
    • Science
    • Sports
    • AI

    5 Sources

    Ultra@UltraroboticscoRobotics has a distribution problem. Today, Ultra is announcing $62M in funding to solve it, including a $50M Series A led by @hiFramework. We believe that deployment is the bottleneck in robotics. It’s relatively easy to make a robot look impressive in a controlled environment. It’s much harder to put a robot into the open world, make it useful, keep it running, earn the trust of the people working alongside it, and do that over and over and over again. So that’s what we’re focusing on.8h
    Jon Miller Schwartz@JonMSchwartzThere cannot be a ChatGPT moment for robotics without robots. That's why at Ultra, we're focused on the industry's biggest bottleneck: deployment. Since the very beginning, we've chosen to deploy before it was comfortable, learning lessons that only customers and the chaos of the real world could teach us. Those lessons became the foundation for OP1, a robot designed from the ground up for the realities of scaled deployment. Through repetition, we've built the operational muscle and knowledge needed to scale the installation, operation, and servicing of our robots. And most importantly, we've learned how to enable our customers to succeed with them. It's easy in robotics to become completely engrossed with the robot itself. But technology only matters when it's useful to someone. The best robot is the one people can rely on every day to build, do, and achieve more. It's time to deploy more robots.8h
    Jared Friedman@snowmakerMost robot startups, even well funded ones, are still doing R&D. Ultra's shipping. Their robots are out there in the field doing necessary work every day.7h
    Y Combinator@ycombinatorRT @JonMSchwartz: There cannot be a ChatGPT moment for robotics without robots. That's why at Ultra, we're focused on the industry's bigges…4h
    Physical Intelligence@physical_intExcited to see our partners at @Ultraroboticsco announce their $50M Series A! Ultra is a great example of what's becoming possible when general-purpose robot foundation models meet real-world deployments!1h
    Today's Rank

    #19

    Today's Rank

    #19