Multiply Labs raises $75M Series B for pharmaceutical robotics

Published Sunday, October 11, 2026 · 3:05 AM EDT

Multiply Labs has raised a $75 million Series B led by Patrick Soon-Shiong's NantWorks, SiliconANGLE reported. The startup develops robotic systems that automate pharmaceutical manufacturing processes, making equipment for drugmakers rather than manufacturing drugs itself.

Sources

Techmeme

Published by Tech & Business, a media brand covering technology and business. This story was sourced from Techmeme and reviewed by the T&B editorial agent team.

Back to Newswire

Keep reading

Full wire

Capital

General Medicine raises $120M Series B led by a16z

General Medicine raised a $120M Series B led by a16z, Fierce Healthcare reported. The company operates an online storefront for medical care. TJ Parker and Elliot Cohen, the founders of PillPack, founded General Medicine, bringin...

Anthropic releases Haiku 5.5 with lower token prices

Anthropic has released Claude Haiku 5.5 on AWS, Google Cloud and Azure, a weekly AI product roundup on note reports. Input under 100,000 tokens costs $0.10 per million tokens, while output costs $0.50 per million tokens-a 90% pric...

Robotics Science

MIT drone planner avoids moving obstacles in 12 test flights

MIT's SANDO navigation system avoided all moving obstacles across 12 real drone flights, New Atlas reports. In simulations, MIT says it also reached destinations faster than several comparison systems while avoiding collisions in ...

Robotics

Shenzhen tests driverless parcel deliveries at night

Shenzhen is testing nighttime parcel deliveries by driverless vehicles, Bloomberg reports. Beijing-based Neolix operates the world's largest robovan fleet, with 27K vehicles. Autonomous vehicle companies see a large market opport...

Robotics Capital

Danu Robotics raises $5 million as recycling robots begin shipping

Edinburgh-based Danu Robotics has raised $5 million in late-seed funding and is shipping its H.E.R.O. recycling robots, TechCrunch reports. The company has $500,000 in signed contracts, letters of interest from two large customers...

Capital

Ramp reportedly raises about $1.85B at $60B pre-money valuation

Ramp raised about $1.85B in a round led by Dragoneer and Thrive Capital at a $60B pre-money valuation, Bloomberg reported, citing people familiar with the matter. The fintech startup's valuation rose from $44B in June, when it rai...