By futureTEKnow | Editorial Team
The world of autonomous mobile robots (AMRs) is evolving fast, and one Turkish company is making major headlines. Milvus Robotics, an Ankara-based AMR technology firm, has just raised $4.5 million in a fresh investment round, signaling a new chapter for both the company and Türkiye’s tech ecosystem.
Founded in 2011, Milvus Robotics has built a reputation for delivering cutting-edge automation solutions to industry giants like GE, Nissan, Unilever, Yazaki, and General Dynamics. With a team of 100 experts and over 15 years of experience in robotic automation, Milvus operates from offices in both Ankara and Atlanta, managing operations across more than 15 countries.
Advanced AI capabilities: The company is focused on developing new product lines featuring AI-supported pallet, environment, and human detection technologies. These innovations are designed to push the boundaries of autonomy and safety in industrial environments.
Scalable product range: Milvus offers AMRs with carrying capacities from 100 kilograms to 2 tons, making their fleet adaptable to a wide range of logistics and manufacturing needs.
Robust fleet management: Their software and infrastructure can be integrated into diverse systems, supporting complex operations like pallet handling, stacking, dynamic storage, and in-trailer tasks.
The latest funding round was led by TT Ventures VCIF (the venture capital arm of Türk Telekom), with participation from APY Ventures, the Regional Development Fund (managed by the Türkiye Development Fund), Maxis Ventures, and Inveo Ventures. This collective backing is a testament to the strengthening technology investment ecosystem in Türkiye.
The timing of this investment is no coincidence. The global AMR market was valued at over $4 billion in 2024 and is projected to reach $18.2 billion by 2032, with a 15.1% CAGR between 2025 and 2030. Key growth drivers include:
The explosive rise of e-commerce.
Widespread warehouse automation.
Increasing adoption of AMRs in agriculture and hospitality.
In the first nine months of 2024 alone, robotics startups worldwide secured $6.4 billion in funding, with projections suggesting a year-end total of $7.5 billion, surpassing the previous year.
Şamil Özden, CEO of Milvus Robotics, has made it clear: the company’s next big move is strengthening its presence in the U.S., Europe, the U.K., and the Middle East. The focus remains on innovation—especially in AI-driven autonomy—and on expanding the reach of their technology to new industries and markets.
Milvus Robotics’ success is a microcosm of a broader trend: Türkiye’s emergence as a player in the global tech scene. As more companies secure funding and scale internationally, the country’s reputation for engineering talent and innovation continues to grow.
For the AMR sector, Milvus’ approach—combining hardware excellence with AI-driven software—is exactly what’s needed to meet the demands of modern logistics and manufacturing.
Milvus Robotics is now better positioned than ever to lead in the global AMR market.
The company’s AI-powered solutions and integration capabilities are shaping the future of automation.
Türkiye’s tech ecosystem is gaining momentum, attracting international attention and investment.
If you’re tracking the future of robotics, Milvus Robotics is definitely one to watch as they chart a course for global leadership in autonomous mobile solutions.
Founded in 2018, futureTEKnow is a global database dedicated to capturing the world’s most innovative companies utilizing emerging technologies across five key sectors: Artificial Intelligence (AI), immersive technologies (MR, AR, VR), blockchain, robotics, and the space industry. Initially launched as a social media platform to share technology news, futureTEKnow quickly evolved into a comprehensive resource hub, spotlighting the latest advancements and groundbreaking startups shaping the future of tech.
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