Dyna Robotics has announced the close of a $120 million Series A funding round, a significant milestone that underscores the company’s rapid growth and ambitious vision. The round was led by Robostrategy, CRV, and First Round Capital, with additional participation from Salesforce Ventures, NVentures, the Amazon Industrial Innovation Fund, Samsung Next, and LG Technology Ventures. This new funding will be used to expand Dyna’s research and engineering teams and to accelerate the development of its next-generation robotics foundation model, aimed at delivering high-performance, general-purpose robots for commercial environments.
The company has made remarkable progress in a short period of time. Earlier this year, Dyna raised a $23.5 million seed round, and since then, it has launched its DYNA-1 model. This breakthrough robotics foundation model achieved a success rate of over 99 percent during 24 hours of continuous operation. Within just six months, Dyna’s robots were already being deployed in real-world settings, working up to sixteen hours a day in hotels, restaurants, laundromats, and gyms. These deployments demonstrate not only the reliability of the technology but also its ability to adapt to varied environments and perform a wide range of tasks.
What sets Dyna apart is its creation of a single-weight, general-purpose foundation model capable of handling diverse daily tasks at commercial scale. Unlike specialized robots designed for narrow functions, Dyna’s model is built to generalize across industries and continue improving through on-the-job learning. This adaptability makes it a compelling solution for businesses seeking automation that can evolve in tandem with their needs.
The company’s leadership team brings a strong track record of innovation. Co-founders Lindon Gao and York Yang, along with Ma, previously built Caper AI, a company that combined software and hardware to create AI-powered smart carts for retailers. That venture quickly gained traction and was acquired in 2021 for $350 million. Their experience in developing practical, production-ready AI solutions is now being applied to robotics, where they are building embodied AI systems that can deliver immediate value to businesses while also laying the groundwork for physical artificial general intelligence.
Dyna’s approach emphasizes not just theoretical advancements but also real-world deployment, ensuring that its robots are both cutting-edge and commercially viable. With the new funding, Dyna is poised to scale its technology, expand its customer base, and continue pushing the boundaries of what general-purpose robots can achieve in everyday business environments.
KEY QUOTES:
“A strong foundation model is key to scalable distribution. Our models continuously improve with each customer deployment, generating high-quality data. We are observing true generalization as our robot enters new environments; it simply works out of the box, with no additional data.”
Lindon Gao, co-founder and CEO of Dyna Robotics
“Our first principle is to design robot foundation models that attain both generalization and performance. Scalable real-world robot learning systems need to master and generalize many manipulation skills. To achieve the best performance on complex tasks, Dyna’s foundation models are developed to enable general world understanding while learning from the models’ own experience for rapid online learning.”
Co-founder Jason Ma, a former DeepMind research scientist who has focused his career on developing foundation models for robotics
“Right now, three forces are colliding at once: AI breakthroughs are maturing, hardware is accelerating, and the demand for labor has never been higher. That convergence has created a once-in-a-generation opportunity. Dyna has made rapid progress over 12 months and we believe our ultimate goal, achieving physical AGI, is not far off.”
Co-founder York Yang
“Dyna’s team and mission bridges research excellence and real world commercial applications. The demand for robotic automation spans almost every industry, and we believe Dyna will be at the forefront in meeting it with their state of the art general-purpose robot foundation model. We’re thrilled to co-lead this Series A and support the team’s ambitious roadmap of driving mass adoption of general-purpose robots.”
Andrew Kang, CEO, RoboStrategy
“Dyna Robotics is at the forefront of embodied AI, delivering foundation models that combine generalization and commercial-level performance. We invested in the company from day one and are excited to double down on leading Dyna’s Series A. Lindon, York, and Jason bring together the rare combination of proven entrepreneurial success, deep technical expertise, and the operational know-how to scale AI in the real world. We couldn’t be more excited to back the best team positioned to lead the physical AGI revolution.”
Max Gazor, General Partner, CRV
“At First Round, we back exceptional founders tackling massive problems, and Dyna Robotics checks every box. Their early results are remarkable. In just one year, Dyna has pushed the boundaries of embodied AI with unprecedented generalization and commercial-grade performance. We’re thrilled to lead their Seed and Series A to fuel Lindon, York, and Jason’s vision to power the future of the physical economy.”
Bill Trenchard, Partner, First Round Capital
