Ultra raises Series A for OP1 warehouse robots, sold by monthly subscription

According to Fortune, the fund Framework Ventures led the round, with participation from Y Combinator.

Ultra sells its robots as a service. According to its chief executive, John Miller Schwartz, the customer first pays integration fees, then a monthly subscription that covers hardware and software.

On its website, the company calls its robot “Operator”, or OP1. It is intended for packing, sorting and preparing kits of parts, and the company says it is deployed in New York, Georgia, New Jersey and Texas.

According to the specifications published by Ultra, the OP1 occupies a floor space of 5 feet by 5 feet and handles up to 10 pounds per arm. It plugs into a standard 120 volt socket.

Based in Brooklyn, Ultra is also strengthening its collaboration with Physical Intelligence, the company that supplies the AI models for its robots.