Roboforce Secures $52 Million

<p><strong>MILPITAS<&sol;strong> &&num;8212&semi; RoboForce has secured &dollar;52 million in oversubscribed funding&comma; bringing the total raised to &dollar;67 million&period;<&sol;p>&NewLine;<p>The round was led by YZi Labs &lpar;a &dollar;10 billion fund&rpar; with participation from Jerry Yang &lpar;co-founder and former CEO of Yahoo&excl; Inc&period;&rpar;&comma; who join existing investors Myron Scholes &lpar;Nobel Laureate economist&rpar;&comma; Gary Rieschel &lpar;Founding Partner of Qiming Ventures&rpar;&comma; Carnegie Mellon University&comma; and beyond&period; The new capital will accelerate the company’s next-generation robot foundation model&comma; scale general-purpose Physical AI robots&comma; and drive manufacturing readiness for commercial deployment&period;<&sol;p>&NewLine;<p>Industrial operators are facing a persistent and growing gap&colon; essential work that is physically demanding&comma; repetitive&comma; and safety-critical still depends on increasingly scarce human labor&comma; slowing project timelines and increasing safety risk&period; RoboForce’s solution is designed to take on the high-risk&comma; tedious work across demanding industrial environments such as utility-scale solar&comma; data centers&comma; mining&comma; shipping&comma; manufacturing&comma; and logistics&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Robo-Labor is essential for work that is dull&comma; dirty&comma; and dangerous&comma;” said Leo Ma&comma; Founder &amp&semi; CEO of RoboForce&period; &OpenCurlyDoubleQuote;This problem centers on human workers’ availability&comma; cost&comma; and safety&comma; and its impact spans across most critical industrial sectors&period; Our mission is to elevate humans into safer&comma; higher value roles while robots take on the most demanding industrial tasks&period;”<&sol;p>&NewLine;<p>The capital raise strengthens RoboForce’s execution across three core pillars&comma; accelerating the expansion of its Physical AI platform and Robo-Labor deployments&colon;<&sol;p>&NewLine;<ul role&equals;"list">&NewLine;<li><strong>Powering its robot foundation model and AI data flywheel&comma;<&sol;strong> integrating real-world fleet data and high-fidelity simulation to build a closed-loop system that compounds intelligence across deployments&period;<&sol;li>&NewLine;<li><strong>Scaling manufacturing and advancing the Physical AI robot platform&comma;<&sol;strong> ramping production and strengthening global supply chain operations to ensure reliable performance in harsh&comma; dynamic industrial environments&period;<&sol;li>&NewLine;<li><strong>Driving commercialization and revenue growth&comma;<&sol;strong> moving active pilot programs toward production deployments and establishing recurring revenue across critical industrial sectors&period;<&sol;li>&NewLine;<&sol;ul>&NewLine;<p>RoboForce is building an advanced physical AI foundation model and robotics stack in collaboration with NVIDIA&comma; leveraging NVIDIA’s end-to-end computing and simulation technologies as its AI backbone&period; Powered by NVIDIA Jetson Thor at the edge&comma; NVIDIA Isaac Sim and NVIDIA Isaac Lab open frameworks for simulation and robot learning&comma; NVIDIA Cosmos for synthetic data generation&comma; and NVIDIA OSMO for cloud-to-edge orchestration&comma; RoboForce is creating a continuous data flywheel that accelerates policy learning and enables reliable&comma; scalable deployment in complex industrial environments&period;<&sol;p>&NewLine;

Editor

Google Unveils Gemini Intelligence for Android

Google is introducing Gemini Intelligence on Android, which brings the best of Gemini to Android's…

6 days

DeepInfra Lands $107 Million Series B

PALO ALTO -- DeepInfra, a cloud platform for high-throughput AI inference, has landed $107 million…

6 days

Kleiner Perkins Leads $400 Million Round in Mind Robotics

PALO ALTO -- Mind Robotics has scored a $400 million financing led by Kleiner Perkins,…

7 days

Luxury Home Prices in Bay Area Rise Due to ChatGPT

Zip codes in the San Francisco Bay Area known for luxury homes saw a 13.4%…

7 days

Airbnb Activates Anti-Party System for Memorial Day

Ahead of Memorial Day this month, Airbnb says it is activating its anti-party technology for…

1 week

KLA to Split Shares 10-for-1 on June 4

MILPITAS -- KLA Corporation announced that its board of directors approved a Ten‑for‑One forward stock…

1 week