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Maven Robotics wants to steal your robot deployment deal

Warehouse robotics startup Maven Robotics emerges from stealth with $100 million to build 250 third-generation palletizing robots.

Maven Robotics, founded in 2024 by former Apple special projects engineer Hamza Derbas and his brother Khalid, emerged from stealth after raising $100 million from RoboStrategy, LocalGlobe, Vine Ventures, and XTX Markets Ventures. Its wheeled dual-arm robots, moving 10 mph and lifting up to 30 kg, perform mixed palletizing in distribution centers, with up to eight units reportedly running 16 hours a day at 99%+ uptime. The company plans to build 250 third-generation robots, start design on a fourth-generation platform, and expand toward material handling and fabrication, positioning itself against rivals like Agility, which is going public via a $2.4 billion SPAC deal.

TechCrunch · AI · 6d agoAI industry