Eka is worth $1.45B thanks to a physical AI model that has experts raving
Eka Robotics has raised $150 million in a Series A round, valuing the startup at $1.45 billion. The company is gaining attention for a new physical AI model that enables robots to perform dexterous manipulation tasks with superhuman speed and reliability.
Why it matters
This breakthrough suggests a significant leap in robotic dexterity, potentially solving long-standing challenges in industrial automation and physical AI.
Robots still aren’t that good at picking things up, despite billions of dollars of investment and endless videos fed into deep learning models.
That may be about to change, thanks to a manipulation architecture built by Eka Robotics, which encompasses a force-sensitive gripper and a new kind of deep-learning model. Founded by MIT professor Pulkit Agrawal and former Google DeepMind researcher Tuomas Haarnoja, the startup just closed an $150 million Series A round that values it at $1.45 billion post-money, led by venture funds a16z and F-Prime.
“They are already exceeding superhuman performance for certain tasks, and so we think over the next few months there will be superhuman performance in many dexterous manipulation tasks,” Raghu Raguram, the a16z general partner who co-led the fundraising round, told TechCrunch.
In an era of never-ending robotic demonstrations, Eka’s capabilities are shocking veteran robot builders.
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