Milvus Robotics Secures its Initial Investment to Drive Next Phase of Growth

Ankara, Turkey // June 5, 2023 - Milvus Robotics, a rapidly growing autonomous mobile robot (AMR) company specializing in intralogistics for factories and warehouses, is thrilled to announce the successful completion of its latest investment round. This significant investment marks a crucial milestone for the company as it propels forward on its journey to revolutionize the field of autonomous robotics.

The investment round was led by APY Ventures, a renowned venture capital firm specializing in deep technology. This initial investment serves as a stepping stone to the exciting opportunities that lie ahead for Milvus Robotics. The company is actively preparing for upcoming large-scale investments to further fuel its growth and accelerate its innovation in the material transport domain.

"Milvus Robotics' vision is to revolutionize the field of autonomous robotics and transform material transport operations globally," said CEO Samil Ozden. "With the investment we have secured and the forthcoming funding rounds, we are determined to accelerate our sales and marketing efforts, focusing on key markets such as the United States and Europe. Additionally, we will allocate resources to strengthen our technical support and research and development teams. We are pleased to have completed the initial investment round in partnership with APY Ventures, a renowned investor in deep technology. Their expertise and support will be invaluable as we continue on our growth trajectory."

"We, at APY Ventures, are not only financial investors but also providers of an ecosystem tailored to support venture companies," stated Mustafa Keceli of APY Ventures. "This cooperation will make significant contributions to Milvus' growth journey. Milvus sets itself apart from its competitors with its highly capable team in robotics and mechatronics, showcasing remarkable expertise in both production and R&D."

APY Ventures' investment in Milvus Robotics reflects their confidence in the company's potential and their commitment to supporting ventures that possess unique differentiators in the market. By combining financial support with ecosystem opportunities and synergies with industry leaders, APY Ventures aims to foster Milvus' growth and help them solidify their position as a leading player in the field of robotics.

Milvus Robotics is known for its cutting-edge autonomous mobile robot solutions, providing safe and efficient material transport capabilities. By leveraging advanced technology, robotics, and intelligent algorithms, the company has already made a significant impact on the industry. Looking ahead, Milvus Robotics aims to further advance its product portfolio and expand its market presence, driving innovation and enhancing customer experiences.