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FORT Robotics secures about $20 million ahead of planned Nasdaq listing

· Source: Robotics Tomorrow

Existing investors led by Tiger Global, with Mark Cuban Companies taking part, committed roughly $20 million to FORT Robotics, which builds safety systems for robots and autonomous machines. The Philadelphia company, with over 19,500 units deployed, plans to go public through a merger with Newbury Street II Acquisition Corp under the ticker FROB.

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