Ambani-backed Addverb wants $100 million to build India’s answer to Unitree and Tesla Optimus
Addverb Technologies, the Indian robotics startup controlled by Mukesh Ambani’s Reliance Industries, is seeking to raise more than $100 million to fund development of humanoid and quadruped robots and build the AI systems to train them. CEO Sangeet Kumar told Bloomberg the raise is the company’s first major fundraising effort since Reliance’s $132 million investment […]
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