Maven Robotics Exits Stealth With $100M Series A
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Maven Robotics Inc. came out of stealth on September 10, 2026 with a $100 million Series A, two years after it began working with its first customer. The industrial robotics company is based in Santa Clara, California, and was founded in 2024.
RoboStrategy Inc., a closed-end robotics fund that listed on Nasdaq in May, led the round. LocalGlobe, Vine Ventures LP, and XTX Ventures, the venture arm of trading firm XTX Markets Ltd., also invested. According to PitchBook, earlier backers had put $18 million into the company before this round.
Maven started with mixed-case palletizing and tote handling, a job it sizes at roughly $80 billion a year. The work involves assembling a single store’s pallet from goods that arrive from several factories, with the mix shifting as demand changes. Today that task is almost entirely done by people moving through warehouses picking items one at a time.
The company’s first customer, a large consumer goods business, was evaluating four other robotics vendors in 2024 at a time when Maven had little more than a drawing of a robot and a team. Fleets now run autonomously across multiple shifts a day at a Fortune 250 consumer packaged goods company, with as many as eight robots deployed in total. Uptime has held at 99 percent or better across 16-hour working days.
Each robot pairs two vacuum-gripper arms that lift up to 30 kilograms with a wheeled base capable of 10 miles per hour. Maven describes the combined hardware, software, and AI system as general-purpose, and recent work has moved into more complex material handling and assembly tasks, where the company sees a market above $1 trillion. The new capital will pay for 250 third-generation robots and early design work on a fourth generation.
The strategy is to solve one customer problem at a time, on the view that each one is a multibillion-dollar market of its own. Maven expects its robots to pass 100,000 hours of autonomous operation by the end of this year and 1 million hours by the end of 2027.
Co-founder and CEO Hamza Derbas spent nine years in Apple’s special projects group, the unit widely reported to have been developing a self-driving car before it was shut down in 2024. His brother Khalid Derbas, the company’s CFO, came from private equity. The broader team includes people who previously worked at Tesla, Rivian, and Zoox.
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