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Matic said it had raised $29.5 million, including a $24 million Series A round.
A dated step forward on the record · Company-reported
What the source says
“today revealed that it has raised $29.5 million”
What it means
Matic, from Matic Robots, is at stage 4 of 5 on our ladder: paying customers. Its stage is set by other milestones on its record; this one adds to the history. This line rests on the company's own announcement; no regulator, customer or independent report confirms it in our sources yet.
Human help: Our sources report it working without human help.
More on Matic
- The Verge reported that Matic had gone from 1,500 robots shipped a year earlier to 17,000 in homes.
- After the US FCC put foreign-made home robots on its restricted 'Covered List' in July 2026, it exempted Matic's robot, which Matic says is assembled in California. Devices on the list cannot get new FCC approvals needed to be sold.
- Matic opened pre-orders. The robot was listed at $1,795, with an early price of $1,495, and Matic aimed to ship in March 2024.
- Navneet Dalal and Mehul Nariyawala, a former lead product manager at Google's Nest, founded Matic.