Eka Robotics valued at $1.45B for advanced picking robot

Eka Robotics has reached a $1.45 billion valuation as its robotic arm gains recognition for a notable capability: reliably picking up a wide range of objects with smooth, human-like movements. The robot uses physical AI to handle task variability that earlier robotic systems struggled with. The technology has drawn attention from industry experts who see it as a meaningful step forward in practical robotics.