Robotics and automation startups raise funding: Mujin $224 million, Ultra $62 million, Evos $9 million
Mujin closed a $224 million Series D round with participation from SK Square, Ultra raised $62 million to expand its AI-powered warehouse robots, and Evos raised a $9 million pre-seed round to automate industrial work (12–15 October 2026).
Who is affected and how
- logistics specialist
- Stronger funding for warehouse robot vendors points to a wider range of deployment options.
- plant manager
- The growth of industrial automation startups brings more supplier options for pilots.
Sources
- Mujin Raises $224 Million Series D: Why SK Square Is Betting Big on Physical AI Robotsventureburn · Oct 12, 2026
- Mujin Raises $224 Million As SK Square Bets on Physical AIventureburn.com · Oct 12, 2026
- Ultra Raises $62M in Funding to Expand Deployment of its AI-Powered Warehouse Robotsai insider · Oct 15, 2026
- Ultra Raises $62M to Expand Robot Deployment | AIPressRoomaipressroom.com · Oct 16, 2026
- Evos raises $9M pre-seed to automate work at industrial firms | Dealroom Newsdealroom.co · Oct 14, 2026
- Evos raises $9M to build AI operators for industrial businessesfinance.yahoo.com · Oct 16, 2026
Machine-generated summary based on the titles and excerpts of the source articles. The facts come from the linked article.