Mytra Raises $120M Series C to Scale Warehouse Robotics, Adds Former Tesla CFO to Board
Summary
Warehouse robotics startup Mytra secures $120 million Series C funding and recruits former Tesla CFO Zach Kirkhorn to its board while expanding from 30 to 150 employees, as cofounder warns the robotics industry faces reality checks due to immature hardware despite AI hype.
Key Points
- Mytra raises $120 million Series C funding led by Avenir Growth to scale supply chain robotics for warehouse and factory automation
- The company grows headcount from 30 to 150 employees in 2025 and adds key Tesla executives including former CFO Zach Kirkhorn to its board
- Cofounder Chris Walti warns that robotics industry faces reality checks as AI hype cannot compensate for immature hardware and missing data