Walden Robotics completes $300 million seed round financing with a valuation of $1.1 billion

According to Bloomberg, the humanoid robot startup Walden Robotics, spun off from Toyota's robotics research lab, has completed approximately $300 million in seed funding, with a valuation of $1.1 billion. This round was co-led by Deviation Capital and Toyota Motor Corporation, with participation from Toyota's strategic investment and early-stage venture capital division, as well as Nvidia, Boeing, AE Ventures, Samsung Ventures, and CoreWeave Ventures.

Walden is headquartered in Cambridge, Massachusetts, producing self-developed hardware, software, and AI models, focusing on deploying general-purpose robots in manufacturing and logistics facilities to handle tasks considered burdensome by workers. Co-founder Russ Tedrake revealed that they have begun selling humanoid robots to clients across multiple industries, including a pilot project at a North American Toyota plant, where the robots perform repetitive tasks such as loading and unloading automotive parts and cleaning equipment. Tedrake previously served as an executive at the Toyota Research Institute and teaches robotics courses at MIT.