In January 2026, the San Francisco-based industrial robotics pioneer Mytra secured $120 million in a Series C funding round. The investment was led by Greenoaks, with participation from existing investors including Eclipse and Khosla Ventures, bringing the company’s total capital to approximately $178 million.
The company is led by Founder and CEO Chris Walti, who previously headed Tesla’s mobile robotics and Optimus humanoid programs. Mytra is reimagining warehouse infrastructure with a first-of-its-kind “3D material flow” system that utilizes a software-defined cellular grid to move goods in three axes—X, Y, and Z—simultaneously.
Legacy warehouse automation is often a “monolith” of rigid conveyors and fixed elevators. Mytra addresses this by creating a modular architecture that can be deployed in weeks and reconfigured at will. This shift toward modular, high-performance hardware mirrors the transition in CPU architecture, where specialized, scalable logic is replacing general-purpose legacy systems.
The new capital will be used to scale manufacturing and accelerate the delivery of its “Infrastructure-as-a-Code” platform to global logistics and manufacturing giants. By enforcing high-fidelity physical logic through its proprietary software layer, Mytra provides an operational integrity similar to AI-native code security, ensuring that the physical movement of goods is as precise and predictable as digital workflows.
Market Signal
- The “End of Conveyors” Thesis: Mytra’s $120M round validates that the future of logistics is non-linear. By eliminating the single points of failure inherent in traditional belts and lifts, Mytra enables a resilient “Swarm” model for material handling—a trend also seen in swarm-intelligence sorting systems.
- Tesla Pedigree at Scale: Chris Walti’s experience leading Tesla’s mobile robotics provides Mytra with the engineering authority to treat a warehouse as a single, integrated robot. This “System-as-a-Product” approach is why Greenoaks led a massive Series C in a challenging macro environment.
- Infrastructure-as-Software: Mytra’s software-defined grid allows enterprises to treat their physical footprint as a programmable asset. This flexibility is a critical moat for companies facing unpredictable demand shifts, effectively turning “dumb” storage space into an intelligent, high-velocity distribution node.
Key Details
- Company: Mytra
- Funding: $120M Series C
- Headquarters: San Francisco, CA
- Lead Investor: Greenoaks
- CEO: Chris Walti
- Use Case: 3D material flow, modular warehouse robotics, and software-defined logistics infrastructure
