Dyna Robotics Raises $23.5 Million To Commercialize Embodied AI With Low-Cost Robots
Dyna's robots master one task at a time, starting with tasks like folding and food preparation.
Post thi"Dyna Robotics is tackling one of the biggest hurdles for AI robot adoption: cost," said Bill Trenchard, Partner at First Round Capital. "A single humanoid robot can cost over six-figures - if it's even on the market. By focusing on tasks achievable with an affordable pair of stationary arms, Dyna Robotics is reducing complexity and lowering costs, which allows them to deliver real value to customers now. We believe their strategy will accelerate embodied AI development and adoption."
Dyna Robotics draws on its founders' deep experience in leading cutting-edge AI and robotics research and deployment, pushing the frontier of AI-powered hardware while making it useful for customers. Co-founders Lindon Gao and York Yang are repeat founders who built and exited Caper AI for $350M , bringing AI to retailers through smart carts. Today, Caper AI's smart carts are being used by grocery stores around the world. Third co-founder Jason Ma, a former DeepMind research scientist, has focused his career on developing foundation models for robotics, leading several novel breakthrough algorithms that enabled robots to learn complex real-world skills at scale. His work has been recognized by ICRA, CORL, ICML , and other prestigious organizations and publications .
"Dyna Robotics' three founders combine pioneering research expertise with real world experience and a focus on bringing new technology to market," said Max Gazor, General Partner at CRV. "Execution is everything and they've proven their abilities. Dyna Robotics will unlock a ton of productivity and potential with embodied AI robots which is why we're excited to partner with this team."
About Dyna Robotics
Dyna Robotics makes AI-powered robotics for companies of all sizes. Their robots master one task at a time - from folding to food preparation, allowing their embodied AI foundation models to cost-effectively learn in production environments as the company works toward the ultimate goal of general-purpose embodied AI. Dyna Robotics is founded by repeat founders Lindon Gao and York Yang, who sold Caper AI for $350 million, and former DeepMind research scientist Jason Ma. The company is backed by top investors including CRV and First Round. Learn more at dyna .
SOURCE Dyna Robotics
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