FORT Robotics
FORT Robotics secured $18.9 million in additional Series B funding.
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FORT Robotics
FORT Robotics secured $18.9 million in additional Series B funding.
FORT Robotics, a provider of safety and security offerings for intelligent machines, announced the successful close of an additional $18.9 million for its Series B funding round. This capital raises the company's total funding to $60.5 million to date.
This investment round was led by Tiger Global, with participation from both new and returning investors. The company said the funding underscores confidence in FORT's role in the rapidly evolving robotics and physical AI landscape.
FORT said its growth is fueled by the robotics industry hitting a critical inflection point. As autonomous systems see large-scale deployments in sectors like autonomous vehicles, agriculture, construction, defense, factory automation, and humanoid robotics, FORT said organizations are increasingly relying on FORT’s technologies.
The company added that this new capital will accelerate FORT's goal of empowering machine builders and users with safe, secure and dynamic control, particularly as autonomous systems become increasingly prevalent across global work sites.
"Robotics and physical AI are quickly transforming every worksite globally," said Samuel Reeves, CEO of FORT Robotics. "As robot fleets grow and work alongside people, the need for robust functional safety becomes even more vital. We're seeing sharp acceleration in new customers and growth from long-time users of the FORT platform. We're excited to welcome new investors who share our vision for the changing worksite, and we're deeply appreciative of the ongoing investment from long-time partners like Tiger Global."
FORT Robotics announced the following appointments to its board:
FORT Robotics said their deep experience in entrepreneurial ventures, robotics and technology will be instrumental as FORT enters its next phase of expansion.
FORT Robotics said this funding is a strong vote of confidence in the company’s role in providing safety for the emerging robotics ecosystem and its recognition as a key enabler for industry scalability. The investment will be used to:
The Series B expansion saw continued support from returning investors, including Tiger Global, Prime Movers Lab, Mark Cuban, FundersClub, Creative Ventures, GRIDS Capital and Ahoy Capital.
New investors include Neman Ventures, Mana Ventures, Gaingels and Ryuu Co. of Japan.
"At Neman Ventures, we strategically invest in companies at the forefront of transformative technologies,” said Shane Neman, CIO and general partner of Neman Ventures. “FORT Robotics' commitment to safety for physical AI and intelligent machines directly aligns with our vision for the future of work and advanced automation. Their platform is a crucial enabler for the next generation of robotics, including emerging areas like humanoids. We are excited to support FORT as they expand their comprehensive safety solutions."
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