The UCLA spinout was originally known as Cyan Robotics and has added $36m to its funding thanks to investors including Silicon Valley Bank.
Coco, a US-based last-mile delivery robot developer spun out of University of California, Los Angeles, has secured $36m in a series A round co-led by Silicon Valley Bank, Founders Fund and Sam Altman, according to TechCrunch.
Sam Nazarian, Ellen Chen and Mario Del Pero also took part in the round, which reportedly brought Coco’s total funding to around $43m.
Founded in January 2020 as Cyan Robotics, Coco has created a last mile delivery robot that relies on remote…
