The brief
- Raised a $152M Series A at a $1.35B valuation in July 2026, led by Prime Movers Lab; $270M raised in total.
- Schaeffler signed a binding deal for a four-digit number of wheeled robots by 2032, starting in Germany in Dec 2026.
- Bosch is its contract manufacturer in Europe. Claims 34,000 pre-orders, but they are non-binding reservations.
Technical approach
Wheels
Wheels first, legs later
The first product rolls on a wheeled base: simpler, stable when stopped and quicker to certify for factories. A two-legged version is in development.
Modular
Swappable bodies and hands
Customers can mix upper bodies, bases and end effectors, such as a five-fingered hand for fine work or a simple gripper for heavy boxes.
AI
KinetIQ software stack
A layered AI system on NVIDIA computers handles perception, task planning and motion, and runs whole fleets; robots also learn by trial and error.
Business
Robots as a service
Customers rent robots with maintenance, fleet software and support included, so they pay for work done instead of buying hardware.
