Mytra

Mytra, Inc. was founded in 2022 by chief executive Chris Walti and Ahmad Baimalmal and builds software-defined robotic systems that move and store material in warehouses, treating moves, storage, picks and routing as programmable steps. The company came out of stealth in July 2024 with what it described as $78 million raised through its Series B, saying Greenoaks led the Series B, Eclipse led the seed and Series A, and Albertsons Companies was among its commercial partners. On 15 January 2026, writing from Brisbane, California, it announced a $120 million Series C led by Avenir Growth, joined by Kivu Ventures, Liquid 2, D. E. Shaw Ventures and Offline Ventures, existing backers Eclipse, Greenoaks, Abstract Ventures and Promus Ventures, and strategic investors Lineage and RyderVentures. Mytra said that in 2025 it signed a deployment 60 times the size of its largest earlier installation and that early sites cut material handling labour by 32% while raising storage density by 34%.

Latest funding

$120M Series C

Total funding

$198M

Latest valuation

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Founded

2022

Country

🇺🇸United States

• Jan 15, 2026Series C$120M
  Led by Avenir GrowthKivu VenturesLiquid 2D. E. Shaw VenturesOffline VenturesEclipseGreenoaksAbstract VenturesPromus VenturesLineageRyderVentures
• Jul 23, 2024Seed through Series B (combined)$78M
  Led by EclipseGreenoaks

• Jan 21, 2026FundingZipline raises more than $600 million at a $7.6 billion valuation as its drone deliveries pass 2 million
• Jan 15, 2026FundingEx-Tesla team's Mytra raises $120 million Series C led by Avenir Growth after signing a warehouse deal 60 times its largest so far