Carnegie Foundry Secures $10.3M Series A to Accelerate Next-Gen Robotics & AI Innovation

Carnegie Foundry, a pioneering Robotics and AI venture studio headquartered in Pittsburgh, PA, is thrilled to announce the successful raise of $10.3 million in its latest funding round. This significant infusion of capital reflects the confidence investors have in Carnegie Foundry's innovative approach to tackling some of the most complex challenges in the field of robotics. By partnering with the National Robotics Engineering Center (NREC) at Carnegie Mellon University—the world leader in autonomous robotics and AI—the company continues to push the boundaries of what is achievable in today's high-tech landscape. The additional funding will be strategically allocated to accelerate the development and commercialization of cutting-edge intellectual property and advanced prototypes. These assets, already market-tested and proven effective, serve as a springboard for expanding applications across a variety of sectors. Carnegie Foundry’s unique model, which aggregates a critical mass of broad and deep robotics expertise, significantly reduces the risks associated with extended development cycles and high burn rates that often challenge the robotics industry. This model not only improves efficiency but also enables the company to rapidly build and spin off multi-use technology solutions that are better, faster, and more cost-effective than traditional approaches. As Carnegie Foundry continues to enable advanced, complex, and diverse tasks once deemed unachievable, this latest round of funding will empower the team to further streamline the pathway from prototype to market-ready product. With a strong foundation built on both technical excellence and strategic industry partnerships, Carnegie Foundry is poised to redefine the future of robotics and AI innovation, ushering in a new era of transformative technological solutions.