The round was led by Framework Ventures, with participation from Y Combinator. Combined with an earlier $12 million seed round led by Y Combinator and NextView, the company has disclosed $62 million in total funding.
Founded in 2024, Ultra develops stationary robotic systems designed to automate repetitive warehouse operations, including order packing, sorting and kitting.
Its flagship robot, Operator (OP1), features two robotic arms and is designed to integrate into existing warehouse workstations without requiring major infrastructure changes.
Unlike mobile humanoid robots, OP1 remains stationary, allowing it to operate continuously using a standard electrical connection.
Ultra says its robots have already packed more than 500,000 customer orders across warehouses in the United States.
The company operates through a robotics-as-a-service model, charging customers an initial integration fee followed by recurring monthly payments covering hardware and software support.
A particularly important element of Ultra’s technology strategy is its collaboration with Physical Intelligence.
The AI research company develops general-purpose robotics foundation models that can be deployed across different hardware platforms.
In February 2026, Physical Intelligence demonstrated its π0.6 model operating an Ultra robot during a full warehouse shift, reporting 96.4% autonomy while packaging real customer orders.
That result was reported by the companies and should not be interpreted as independently verified performance across Ultra’s entire fleet.
The relationship allows Ultra to concentrate on hardware development, deployment and customer operations while relying on Physical Intelligence for advanced robotic manipulation capabilities.
