Mytra
Assembly Line
Mytra Unveils Breakthrough Robotics and AI to Transform Warehouses and Boost Economic Productivity
Mytra, the company supercharging industrial productivity with first-of-its-kind three-dimensional robotics, launched with $78 million in total financing through the Series B stage and several commercial partners, including Albertsons Companies. Founded by ex-Tesla and Rivian robotics and manufacturing leaders, the company will automate the most common industrial task: moving and storing material. Mytra is backed by several investors, including Greenoaks, who led the company’s Series B, Eclipse, who led the previous seed and Series A rounds, in addition to Co-founder and Chairman of Okta Frederic Kerrest’s 515 Ventures, and individual investors, Garry Tan, Lachy Groom, among other individual and corporate partners.
Mytra systems are infinitely customizable, shapeable, scalable, and high-density, allowing them to automate complex pallet and case handling without the complexity of forklifts, pallet jacks, conveyors, elevators, and other automation. This radical simplicity is enabled by three key breakthroughs:
- Simplified offering: Unlike other solutions that involve thousands of parts and saddle customers with technical debt, Mytra comprises only three individual components: bots, a simple and repeating matrix structure, and edge-intelligent software, which simplifies the deployment process, reduces cost, and avoids single points of failure.
- 3D movement: Mytra is the first system that allows for full 3D movement at up to 3000 pounds from any cell to any adjacent cell in any direction. This achieves the physics-limited maximum level of flexibility.
- Software: Mytra’s software platform optimizes bot routes, manages inventory, and continuously learns and improves, adjusting to changing customer needs. This approach entirely abstracts the hardware layer and makes material flow fully software-defined, allowing operators to unlock endless new applications and future-proof their operations.