Milvus Robotics Secures 4.5 Million Funding to Accelerate Global Expansion

Ankara, May 27, 2025 — Milvus Robotics, autonomous mobile robot (AMR) company, announced today the successful completion of a $4.5 million funding round led by TT Ventures GSYF. Existing investor APY Ventures, which led the company’s previous round, also participated with a follow-on investment. The round also saw participation from the Regional Development Fund, managed by the Türkiye Development Fund, along with Maxis Ventures and Inveo Ventures.
Founded in 2011 and headquartered in Ankara, Milvus Robotics has been pioneering innovative AMR solutions for nearly 15 years, delivering intelligent automation systems that address the evolving material handling needs of factories and warehouses. The company’s technology portfolio includes AMRs with payload capacities ranging from 100 kg to 2 tons, advanced fleet management software built for scalability, and flexible infrastructures designed for seamless integration into various industrial systems.
Milvus Robotics’ solutions are actively deployed by globally renowned companies such as GE, Nissan, Unilever, Yazaki, and General Dynamics across operations in the United States, Europe, and Turkey. As an approved global supplier, the company continues to expand its international footprint, driven by its strong engineering expertise and innovation-centric approach. Today, Milvus operates from its main office in Ankara and a U.S. hub in Atlanta, supported by a team of over 100 professionals.
The company currently exports more than 75% of its total production and has active sales in 20+ countries. Its products fall within the high-tech product category, reflecting the company’s commitment to cutting-edge robotics and AI technologies. In recognition of its contribution to innovation and international trade, Milvus Robotics was awarded the “Most Innovative Exporting SME of 2023” by the Turkish Exporters Assembly (TİM) in 2024.

Expanding Across Strategic Global Markets

Commenting on the company’s future direction, Şamil Özden, CEO of Milvus Robotics, stated: “With this latest investment, we aim to significantly strengthen our presence in key international markets, particularly the United States, Europe, the United Kingdom, and the Middle East. We will focus on expanding our sales and support networks, building strategic partnerships, and enhancing post-sales service structures. At the same time, we are pursuing a technology roadmap to develop end-to-end solutions for intralogistics operations in manufacturing and warehouse environments. This includes a new generation of AMRs with advanced autonomy and AI-powered detection capabilities for objects, pallets, environments, and humans. We are also working on purpose-built technologies to support critical logistics processes such as stacking, shelving, dynamic inventory storage, and trailer loading and unloading.”
The participation of Turkey’s leading investment institutions in this funding round underscores strong confidence in Milvus Robotics’ global vision. Their combined sector expertise, financial resources, and international networks are expected to play a vital role in accelerating the company’s next phase of growth.

About Milvus Robotics

Milvus Robotics develops autonomous mobile robots (AMRs) and intelligent software that automate internal material flows within factories and warehouses. With operations spanning more than 15 countries, and offices in Turkey and the United States, the company offers innovative, AI-powered robotics solutions designed to boost operational efficiency, safety, and flexibility.

About the Investors

TT Ventures GSYF: A venture capital fund focused on high-growth, innovation-driven companies, particularly those expanding into or already operating in international markets.
APY Ventures: Operates under Albaraka Asset Management, offering a range of venture capital funds that connect promising startups with strategic investors.
Türkiye Development Fund (Regional Development Fund): Aims to foster sustainable economic growth by investing in high-potential companies across strategic sectors through capital and structured financing.
Maxis Ventures: A portfolio management firm that supports business growth and institutionalization through a variety of thematic investment funds.
Inveo Ventures: A corporate venture capital firm founded by Gedik Investment and Inveo Investment Holding, investing in technology-focused startups through both equity and managed venture funds.