Industrial robotics leader Mytra reportedly closed a $120 million Series C funding round, bringing its total capital to over $200 million.
The round was led by Avenir Growth, with significant strategic backing from logistics giants Lineage and RyderVentures. Returning investors, including Eclipse and Greenoaks, were joined by new participants D. E. Shaw, Kivu Ventures, Liquid 2, Offline Ventures, Abstract Ventures, and Promus Ventures, signaling deep institutional confidence in Mytra’s “Operating System for the Supply Chain.”
Founded in 2022, Mytra develops software-defined industrial robotics solutions designed to automate the most common industrial tasks in logistics – moving and storing material.
Mytra hit an inflection point in 2025 by signing contracts with some of the world’s largest organizations. The company now counts a Fortune 100 food company and a Fortune 500 industrial-supply distribution company as customers.