REDWOOD CITY, CA, Dyna Robotics today announced it has closed a $120 million Series A funding round.
The round was led by Robostrategy, CRV, and First Round Capital, with participation from Salesforce Ventures, NVentures (NVIDIA's venture capital arm), the Amazon Industrial Innovation Fund, Samsung Next, and LG Technology Ventures. The new capital will be used to expand its world-class research and engineering team and accelerate the development of its next-generation foundation model as the company works to deliver high performance general-purpose robots in commercial environments.
Dyna has made rapid progress since raising a $23.5 million seed round in March, including launching its DYNA-1 model, a breakthrough robotics foundation model that pushed the performance of robots to a 99+% success rate in 24 hours of non-stop operation. After just six months, Dyna's robots were running sixteen hours a day at hotels, restaurants, laundromats, and gyms.
Dyna Robotics makes general-purpose robots powered by a proprietary embodied AI foundation model that generalizes and self-improves across varied environments with commercial-grade performance. Dyna's robots have been deployed at customers across multiple industries. Dyna Robotics was founded by repeat founders Lindon Gao and York Yang, who sold Caper AI for $350 million, and former DeepMind research scientist Jason Ma.
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