Mowito, a Bengaluru- and Detroit-based startup building foundation models for industrial robot arms, raised $3 million in a pre-seed round led by Version One Ventures, with participation from All In Capital, Unisol, iSeed, and angel investors including Soumith Chintala, Business Standard reported on July 7, 2026. Founded in 2024 by Puru Rastogi, Adityanag Nagesh, and Safar V, Mowito says its robots already run on lines at a Fortune 500 automotive company and a major electronics contract manufacturer, teaching unmodified industrial arms new tasks from human demonstration rather than reprogramming. The funding will fuel U.S. expansion and engineering hiring. For practitioners, demonstration-based learning for standard industrial hardware is a concrete example of physical AI aimed at cutting the integration time that normally follows a production-line change.
Ex-Tesla Optimus scientist launches UMA to build Europe’s humanoid robot