Mytra Announces $120M Series C Round

Core Insights - Mytra has successfully closed a $120 million Series C funding round to enhance its supply chain operating system [1] Group 1: Funding Details - The Series C round was led by Avenir Growth, with participation from new investors including Kivu Ventures, Liquid 2, D. E. Shaw, and Offline Ventures, as well as existing investors such as Eclipse, Greenoaks, Abstract Ventures, and Promus Ventures [2] - Strategic investors in Mytra include Lineage and RyderVentures, the corporate venture capital arm of Ryder System, Inc. [2] Group 2: Company Overview - Mytra specializes in software-defined industrial robotics solutions aimed at automating common logistics tasks, particularly in moving and storing materials [3] - The company's solutions address critical bottlenecks for warehouse-dependent organizations, ranging from Fortune 100 suppliers to local grocers, thereby enhancing supply chain resiliency and throughput [3]