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ARK Invest joins $403M raise for AI robotics firm Apptronik

Coin Telegraph LogoCoin Telegraph11h ago

ARK Invest joins $403M raise for AI robotics firm Apptronik - Coin Telegraph

Quick Summary:

After investing in Apptronik’s Series A round, ARK has enabled investors to access the company through its ARK Venture Fund (ARKVX), which focuses on “disruptive innovation.”Source: ARK Funds“After investing in their Series A round, the ARK Venture Fund is proud to offer investors access to Apptronik!

Related: Not every AI agent needs its own cryptocurrency: CZARK Invest’s investment in Apptronik further strengthens the company’s commitment to innovation and technology, as the company’s name acronym itself refers to “Active Research Knowledge.”Apart from Apptronik, ARK has supported a wide number of AI platforms, including Anthropic, OpenAI, Groq and many others.

The latest raise included new investors such as the German automotive giant Mercedes-Benz, early-stage tech investor Japan Post Capital and RyderVentures, a corporate venture capital arm of Ryder System, as well as a syndicate led by Korea Investment Partners.

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Article Details

Author / Journalist: Cointelegraph by Helen Partz

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-18 @ 14:13:21 (11 hours ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 490 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 27151069

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Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 422 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

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Publisher ID: #11

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