Walden Robotics, a humanoid robotics startup spun out of Toyota’s robotics research lab, has raised about $300 million in seed funding at a valuation of $1.1 billion, according to Bloomberg. The round was co-led by Deviation Capital and Toyota Motor, with participation from Toyota’s strategic investment and early-stage venture units. Other investors included Nvidia, Boeing, AE Ventures, Samsung Ventures and CoreWeave Ventures. Based in Cambridge, Massachusetts, Walden develops its own hardware, software and AI models. The company is focused on deploying general-purpose robots in manufacturing and logistics facilities to take on tasks workers consider physically demanding. Co-founder Russ Tedrake said Walden has already started selling humanoid robots to customers across multiple industries. That includes pilot projects at Toyota factories in North America, where the robots are handling repetitive work such as loading and unloading auto parts and cleaning equipment. Tedrake previously served as an executive at the Toyota Research Institute and also taught robotics at MIT.
Walden Robotics, a humanoid robotics startup spun out of Toyota’s robotics research lab, has completed a seed round of about $300 million at a $1.1 billion valuation, according to Bloomberg.
The financing was co-led by Deviation Capital and Toyota Motor. Toyota’s strategic investment and early-stage venture units also took part, alongside Nvidia, Boeing, AE Ventures, Samsung Ventures and CoreWeave Ventures.
Walden is based in Cambridge, Massachusetts. The company builds its own hardware, software and AI models, with a focus on deploying general-purpose robots in manufacturing and logistics facilities to handle tasks workers see as physically demanding.
Co-founder Russ Tedrake said Walden has started selling humanoid robots to customers in multiple industries. The company is also running pilot projects at Toyota factories in North America, where its robots are carrying out repetitive tasks such as loading and unloading auto parts and cleaning equipment.
Tedrake previously served as an executive at the Toyota Research Institute and taught robotics at the Massachusetts Institute of Technology, or MIT.
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