General Catalyst and Amazon invest $63 million in robotics startup

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Artificial Intelligence Robotics Startup Standard bots raised $63 million through a series of transactions, the company plans to announce Friday.

The majority of the funding, which has not been previously announced, comes from a $39 million Series B round that the startup recently closed. General Catalyst led the round, with participation from Amazon Industrial Innovation Fund and Samsung Next, a venture capital arm of Samsung Electronics Co. The company declined to disclose its valuation.

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